The Wall Street whales are quietly positioning themselves! It's all because of this meeting's minutes! Retail investors are still hesitating, while the smart money has already bottomed out!

Every "whisper" from the Federal Reserve is an invisible code for market direction!

The recently released minutes from the Federal Reserve's July meeting, to put it simply, is an entangled scene of "inflation vs employment."

Economic Growth: The Federal Reserve believes that the economic growth rate from this year to 2027 is about the same as previously predicted, but "good news and bad news offset each other"—for instance, tariffs are causing prices to rise slower than expected, but consumer spending is not as robust as anticipated, and the contribution of immigrants to the labor force is not as significant as imagined.

Inflation Risk: The big players are still most worried about prices rising too quickly, even more troublesome than employment issues!

Tariffs will push up commodity prices, but Federal Reserve staff have quietly lowered their inflation expectations from June.

Interest Rate Policy: Almost everyone agrees that the current interest rate (4.25%-4.50%) is quite appropriate, with some feeling that "it's almost at the right level," even hinting, "No need to raise rates aggressively anymore; let's wait and see the impact of tariffs on inflation."

Mig's View:

The Federal Reserve's minutes this time resemble a driver who is both stepping on the brakes and checking the fuel gauge—afraid that the economy will accelerate too quickly, causing inflation to spiral out of control, while also fearing that slamming the brakes will trigger a spike in unemployment.

For the crypto world, this "entangled period" is actually a window of opportunity! For example, when the Federal Reserve aggressively raised rates last year, Bitcoin plummeted, but as soon as they slowed down on rate hikes, BTC immediately rebounded by over 30%.

The Federal Reserve's current "wait-and-see" attitude may cause short-term market volatility, but in the long run, a peak in interest rates = a peak in funding costs = reduced pressure on risk assets (like crypto).

If interest rates are cut next year, institutional funds may likely flow back from government bonds to Bitcoin, just like in early 2023!

A question: Do you think the Federal Reserve's "hawkish on the outside, dovish on the inside" approach will push Bitcoin to new highs by the end of the year? Share your opinions in the comments! #美联储7月会议纪要

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