📉 Expectations for Federal Reserve rate cuts rise, BTC fluctuates with a major short squeeze

CME data shows a 93.6% probability that the Federal Reserve will cut rates by 25 basis points in September, with only 6.4% believing they will remain unchanged. Although the market continues to show positive signals, the cryptocurrency market is still fluctuating in the short term, with BTC and ETH prices volatile, and a liquidation amount of $167 million in the last 24 hours, primarily from short positions. The dollar is weakening, and Apple's stock price surged by 5%, continuing to rise by 3% after hours. If the Federal Reserve sends clearer signals of easing in the future, the cryptocurrency market may welcome the next wave of momentum, but it is still advisable to manage positions cautiously to cope with uncertainty.