The market is currently consolidating around 113200, and it’s not very calm—recently, there has been a lot of fluctuations with wash trading and large investors cutting losses. Ultimately, everyone is still waiting for a clear signal from the Federal Reserve regarding interest rate cuts. The market is quite noisy about the expectations for rate cuts; to put it simply, they want to wash out the chips in the hands of retail investors in order to reposition themselves.

Tonight at 22:00 is a critical point; Federal Reserve Chairman Powell will be speaking. We need to pay attention to two key points: whether there will be an interest rate cut in September, and how long they plan to maintain the high-interest rate policy. Based on Powell's past approach, it's likely to be the same 'hawkish but leaving room' strategy—firm on the surface but subtly hinting at possible future rate cuts, taking a moderate Taiji approach; however, if it becomes clear that there will be a rate cut in September, the market might just reverse directly.

For intraday trading, keep an eye on 112500 and look up towards around 114000. $BTC $ETH $XRP #亚洲家族办公室加密资产配置 #美国初请失业金人数 #BNB创新高