How to understand Powell's congressional hearing. $BTC $ETH

Just now I have been listening to Powell's speech in the House of Representatives today. As a long-term trader, I have been listening to Powell's original speech for nearly three years. I feel that what he said tonight is very interesting.

1. The speech manuscripts of the House of Representatives and the Senate are the same, but the questions of the members are much milder.

Yesterday, it was said that Powell is a running dog of Huaer Jie. You don't even have a doctorate in economics, so why are you the chairman of the Federal Reserve?

2. Today's questions have basically nothing to do with interest rate cuts. They are all Basel Agreement issues. I wasted so much time.

3. Many KOls like to intercept a piece of news from Jinshi. It's nothing more than employment and inflation issues. As long as it has been said before, it has no impact on trading expectations.

4. Today's only hawkish statement is to raise the neutral interest rate. (Non-base interest rate)

5. CPI is likely to be positive and worth trading.

6. This interest rate cut cycle is likely to start with "hawkish interest rate cuts", and erection and persistence are unchanging topics. #美联储何时降息？