【MIG Exclusive】Wall Street was played by Powell! Crypto market surges 20%? Just an appetizer!

The market always harvests the masses with expectations and rewards the awakened with the truth—this time, Powell's "dovish remarks" were precisely a strike against market psychology.

In simple terms, the vast majority of institutional investors were on edge, thinking Federal Reserve Chairman Powell would deliver "hawkish tough talk" (such as emphasizing no interest rate cuts, or even potential rate hikes), but he instead said some relatively "dovish" soft words (like hinting at possible future easing).

This contrast allowed the market to breathe a sigh of relief, with funds quickly flowing back into risk assets, and Bitcoin and Ethereum naturally became the direct beneficiaries.

In my view, this is a classic game of market psychology. When most people are crammed in the same boat waiting for a storm, the storm does not come—instead, a tailwind arrives.

Just like when Powell first hinted at a slowdown in rate hikes in October 2023, BTC surged 8% that day, and this time history is repeating itself.

For example: This is like a gambling game, where the dealer (market consensus) bets wildly on "hawkish", but the reveal is "dovish", and all those who bet against it win instantly.

The crypto market, as a highly elastic asset, is always the first to be driven by funds.

However, it's important to note how long this news-driven surge can last? What will the Federal Reserve's next move be? #杰克逊霍尔会议

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