Powell speaks tonight! At 00:35, he will set the tone for the cryptocurrency market; can dovish signals ignite the market?

Last week, the Federal Reserve just completed its first rate cut of the year, and the market's cheers have not yet faded when a bigger suspense arises: is this just the beginning or a mere taste? Tonight, Powell will personally come out to 'set the tone'.

Currently, market expectations are very strong: betting that the Federal Reserve will cut rates by another 25 basis points at the meetings in October and December. In other words, Wall Street is anticipating a sustained easing cycle.

But the problem is that the Fed's own forecasts have always been more 'dovish' (tending to act slowly) than the market. This creates a huge expectation gap—tonight's speech by Powell is fundamentally aimed at bridging this gap.

For the cryptocurrency market, this means a game of liquidity expectations.

'Dovish' scenario (bullish): If Powell clearly supports 'gradual rate cuts,' or even hints at concerns over the economy (such as preventing unemployment from rising), this will be seen as a strong signal for continued liquidity easing. The dollar may weaken, and global risk assets, including Bitcoin and altcoins, are expected to welcome a new round of overall gains.

'Hawkish' scenario (bearish risks): If Powell emphasizes that rate cuts are 'preventive' and stresses that the fight against inflation is not over, intending to douse the market's aggressive rate cut expectations with cold water, then the dollar may rebound. Risk assets will face pressure, and the likelihood of a short-term correction in the crypto market will increase significantly.

Tonight's market volatility will inevitably intensify, with caution as the priority while waiting for the right moment to act, and remember to manage risks well.

Keep your hands steady: Avoid high-leverage operations before the news is released to prevent being liquidated by sudden price movements.

Watch the linkage: Closely monitor the US Dollar Index (DXY) and the immediate reaction of the US stock market, as they are the most direct indicators of capital flow.

Capture the core: For spot players, any sharp decline caused by hawkish remarks could be a good opportunity for medium to long-term positioning. Because the door to the rate cut cycle has already opened, the overall direction remains friendly to the crypto market.

In summary, tonight at 00:35, every word Powell utters relates to real money. Will he deliver a 'dovish serenade' to reassure the market, or will he stage a 'hawkish surprise'? This will directly determine whether we are to 'feast' or 'patiently wait.' #UXLINK钱包遭黑客攻击 #加密市场回调