Powell and the President of the European Central Bank will give speeches at 9:30 tonight.

In my opinion, this speech is very risky! The United States has been slow to cut interest rates, and Europe's attitude of preparing to cut interest rates has also wavered recently. These are all revealing a hint of unusual flavor. The United States is still very likely to maintain high interest rates to try to pull other countries out. In my opinion, it is highly unlikely that the United States will cut interest rates before September. Don't be confused by various information. Although #crypto is still bullish in the long term, I remind everyone to pay attention to risks in the short term.