good

The Federal Reserve will hold an interest rate meeting on the evening of September 18th. I think the market will fluctuate back and forth before the 18th. According to CME Federal Reserve Observation, the probability of a 50 basis point rate cut by the Federal Reserve in September has increased to 45%. Regarding the rate cut in September, if the rate cut is 50 basis points, it implies that Federal Reserve officials have acknowledged the risk of recession and need to make a quick U-turn. If the rate cut is 25 basis points, it implies that inflation has reached expectations and the economy is still controllable. However, whether it is 50 basis points or 25 basis points, it is a good start for Bitcoin. (Historical data shows that Bitcoin is positively correlated with gold and negatively correlated with the US dollar.)