According to TechFlow, on July 31, OKG Research analyzed that the Federal Reserve’s interest rate decision at 2:00 a.m. (Beijing time) on Thursday will be the “final preview” of the rate cut. The signal released by this meeting will be crucial to the liquidity of the crypto market in the second half of the year.

According to CME FedWatch, there is only a 3.1% chance that the Fed will cut its federal funds rate target range (its key interest rate, hereafter referred to as a rate cut) at the end of this policy meeting, but an 89.6% chance that it will cut by at least 25 basis points on September 18, and a 10.1% chance that it will cut by 50 basis points.

Compared with the CME FedWatch data on July 16, more traders are optimistic in recent days that the interest rate will be cut by at least 50 basis points in September (on July 16, the probability of a 50 basis point cut was 6.7%).