After carefully reviewing the actions of the Federal Reserve and Powell over the past few years, there are two scenarios for Powell's speech this Friday:

1. He directly confronts Trump, stating that there is no expectation of an interest rate cut in September. He would be directly countering Trump, saying, 'Haven't you always been against me? I'm just confronting you directly.' This scenario is less likely.

2. Powell does not provide any expectation for a rate cut in September and will focus on the data, noting that Trump has revised the non-farm payroll data downwards, directing everyone's attention to poor employment. Powell will then counter that the Fed's inflation target is 2%, and it is currently at 2.7%, plus the PPI has rebounded significantly, which overall does not align with expectations for a rate cut. This scenario is more likely.

Will there be a dovish stance? I think the probability is very low. I have listened to many of his speeches, and Powell is an academic and a technical expert. Such people tend to be direct, principled, and have boundaries; they are not easily swayed.

Based on this, I speculate that it might be best not to enter the spot market next Thursday and Friday, as the probability of a decline is high. Observe more and act less; if there are early signals, the market may start to decline as early as Monday.

In Saturday's live broadcast, it was specifically mentioned that next week looks bearish. If the price of Bitcoin falls below 117 in August and continues to fluctuate below, such as between 115-116, the overall daily level will turn bearish!

The trend is downward; no matter how ETFs are bought or how MicroStrategy's version is purchased, it cannot reverse the trend. One should go with the trend and follow the probability.

I hope I am wrong; my understanding may not be sufficient. I hope Bitcoin goes to 150,000, Ethereum to 8,000, Solana to 500, and BNB to 1,000.