The market's bets on a rate cut in September are already close to 90% (almost a certainty), so if the minutes confirm that most committee members support a rate cut, it means the shoe has dropped = positive reinforcement, and the probability of an increase is high.

However, if the minutes reflect a "significant divergence" or "some officials are still concerned about inflation," the market may interpret this as the rate cut not being so certain, and there may be short-term correction risks in the crypto space.

I believe the probability of a rise in the crypto space after the FOMC minutes is about 60%, but it is not a blind positive.

Reasons:

The Federal Reserve has entered a countdown to rate cuts, and improved liquidity expectations are long-term beneficial for risk assets;

However, in the short term, there may be "washout before the rise," as funds will create volatility based on the news.

Advice: Don’t be afraid to hold spot positions, but be wary if your mindset isn’t prepared. If you are buying spot or have a medium to long-term perspective, don’t focus on short-term fluctuations; if you are using short-term logic, you must set your levels carefully.