Wu said that according to Greekslive, the Fed's interest rate decision will be announced in three hours, and futures data show that the market has obvious differences on interest rate cuts, with a 60% probability of a 50 basis point cut and a 40% probability of a 25 basis point cut. The cryptocurrency options market is also very divided, with the ultra-short-term option implied volatility (IV) as high as 70%, and the IV of put options is significantly higher. BTC 58000 and ETH 2200 put options have the most concentrated transactions, and the market is generally bearish. If the interest rate is only cut by 25 basis points, it will be lower than market expectations, while a 50 basis point cut may indicate a deterioration in economic conditions.