The crypto market briefly fell into the fear zone, the FGI dropped to 45 before recovering to 50, a neutral level, and everyone is tense ahead of Powell's speech at Jackson Hole.

As soon as the FOMC minutes were released, the market shook, but Tom Lee said BTC and ETH have bottomed out, and the stock market followed suit on Friday. Considering the weak non-farm data, the probability of a rate cut in September is 75%, isn't this a signal for a rebound after the pain? In the future, the greed index could rise, and the market might experience a significant pump.

However, speaking of which, liquidations exceed 1 billion dollars, there are many pain points, but the options skew is biased towards calls, indicating bullish sentiment in the short term. Investors should seize the opportunity to buy the dip, don't miss out on ETH and BTC.