Although there is a lot of data this week, the real focus is undoubtedly on the Federal Reserve meeting minutes to be released at 2 AM tonight.
The market's attention is almost entirely focused on whether there will be an interest rate cut in September:
If the minutes emphasize that "inflation pressures still exist," that would be a hawkish signal, which would not be good for the market, and U.S. stocks and cryptocurrencies are likely to be adversely affected;
If the minutes convey an attitude of "economic growth is slowing, and there is a need for accommodative policies," that indicates a dovish tendency, which would be positive for the market and could lead to a direct rally.
Tonight is destined to be a sleepless night, and by tomorrow morning, some may regret their decision-making errors.
Whether you are currently long or short, this market volatility will inevitably bring joy to some and sorrow to others.
What is most troublesome in the crypto world is not the lack of volatility, but rather being on the wrong side of the market.
