The US rate cut in September is inevitable. If it doesn't, the Nasdaq will continue to collapse. But whether to cut or not is not the most important thing. The most important thing is how much the rate cut is and the Fed's speech on the future economy and the expected guidance of the rate cut.

25 basis points rate cut (not much market movement, there may be a fall)

50 basis points rate cut (can be exciting)

75 basis points rate cut (excited for a while)

100 basis points rate cut (excited for a long time)

The above is the market's reaction to the rate cut