The key test this week is the Jackson Hole global central bank meeting on the 22nd, especially Powell's speech. If the market's expectations for a Fed rate cut in September become excessively heated, such as the recent bets on a 50 basis point cut, Powell will almost certainly step in to dampen those expectations. Fortunately, the previous PPI data has already alleviated some of the overheating sentiment.
The market maintains the baseline expectation of a 25 basis point rate cut in September, but it is essential to recognize that there are still variables between now and the September 18th meeting, and the path ahead will not be smooth. At this time, strict adherence to trading discipline is the only protection. Stick to technical analysis: lock in profits proactively during an uptrend; patiently wait for a pullback confirmation during a downtrend; a true breakout must withstand the test of a pullback after the breakout. What do you think Powell will say this time? Let's discuss in the comments! If you understand, give a thumbs up and follow for guidance in volatile markets! #加密市场回调 #美联储何时降息？ $BTC $ETH $SOL
