Because the Federal Reserve's meeting minutes released on August 20 were hawkish
Market expectations for a rate cut in September have decreased
From 94.3% a week ago to 81.9%
This has led to mainstream coins, except for Ethereum, being quite weak over the past two days
Tonight, we can pay close attention to Powell's speech at the global central bank annual meeting
However, that being said, I still feel there's no need to worry too much about the upcoming market
A rate cut is definitely coming
The market will have another surge
But before that surge, I personally think there will most likely be a pullback with a downward spike
For those holding positions, it's best to keep enough ammo for bottom fishing
For those without positions, just wait for a spike to bottom fish
Intraday focus: $BIO , SKL, TKO, UMA
