Tonight, the Federal Reserve's interest rate cut storm! A survival guide for newbies in the cryptocurrency space.

I’m telling you, at 3 AM tonight, the Federal Reserve meeting is absolutely a matter of life and death for the cryptocurrency world! A 25 basis point cut is very likely, but the key is not whether to cut or not; it’s whether Powell will send a hawkish signal, which will directly determine whether BTC and ETH rise or fall.

Right now, the American economy is in bad shape, with major companies laying off workers and prices rising. Key economic data can't be released due to the government shutdown, and the market is betting on the policy direction. In simple terms, a hawkish stance means a tough attitude, fearing inflation and unwilling to cut rates too much, which could lead to a rebound in the dollar and pressure on cryptocurrencies; a dovish stance is all about easing, a weaker dollar, and hot money rushing into the cryptocurrency space.

Newbies don’t need to be busy; just watch at 3 o'clock:

1. Policy statement: Removing tightening language and mentioning improvement in inflation = dovish positive, repeatedly mentioning inflation risks = hawkish warning;

2. Dot plot: Look at the interest rate expectations for the end of 2026, more cuts next year = rise, fewer cuts = fall;

3. Powell's speech: A dovish tone = positive for cryptocurrencies, emphasizing controlling inflation = negative.