Powell's speech at the Jackson Hole Global Central Bank Annual Meeting made it clear that the Federal Reserve will cut interest rates in September. The current consensus is a 25Bp cut. If the economic data pressure this month is high, there is also a possibility of a 50Bp cut.

The clear promise of a rate cut has brought great confidence to the market, and major cryptocurrencies have rebounded, but the subsequent trend is still very uncertain.

This week, there are many important economic data, and many important figures have spoken, and the core is still around the Federal Reserve's September rate cut. In addition, Russia's cryptocurrency bill is also worth paying attention to, and encryption is beginning to move to the big stage.