The Fed's interest rate decision is imminent, and the market is holding its breath for the results of tonight's interest rate meeting.

There are different views on the extent of the rate cut, and both a 25 basis point and a 50 basis point cut are possible. Although the first rate cut is more likely to start with 25 basis points, a direct 50 basis point cut will exceed market expectations. The market expects that interest rates will remain low while the economy continues to improve.

When this key data is released, bulls may drive prices up wildly. At this moment, market expectations and sentiment are often more important than actual data. The rise of Bitcoin this year is not only affected by the Fed's monetary easing policy, but more by global concerns about the economic outlook and a reassessment of the US dollar as a value anchor.