Looking back at Bitcoin's data, the market sentiment throughout the day has been fairly positive, maintaining a slight fluctuation trend. Especially after the main trading hours in the United States, the fluctuations have become narrower. Investor sentiment is quite good, and everyone seems to be waiting for Powell's speech at the Jackson Hole annual meeting next week.

This should be Powell's most formal response to the issues concerning the U.S. economy before the September Federal Reserve meeting. However, based on the current information, the probability of an interest rate cut in September is still quite high, but it will be more difficult to determine how the second cut will begin.