Judging from the current performance of the US stock market, with Powell's speech approaching tomorrow night, the US stock market has also begun to gradually become cautious.

Currently, Wall Street believes that even if Powell maintains a dovish basis point in his speech tomorrow, the rate cut will not exceed 25 basis points. If tomorrow's speech reveals a 50 basis point rate cut, it will be seen as positive in the short term, rising for a wave, and then falling back.

On the contrary, if it is only expected to be 25 basis points, it is basically in line with market expectations, and the market should not be able to get effective bullish momentum for this. #BTC☀ $BTC