Tonight, The Federal Reserve (FED) Chairman Powell will deliver an important speech, which could have far-reaching effects on the Crypto Assets market. Market participants are generally following two possible outcomes:

If the interest rate continues to rise to combat inflation, Bitcoin may experience a significant decline, while other Crypto Assets may suffer even greater losses. Conversely, if there are indications that economic pressure is too high and a rate cut is needed, Bitcoin may rise, leading other Crypto Assets like SOL to follow suit, providing a breathing opportunity for trapped investors.

However, the most challenging situation is that Powell takes a vague stance, indicating that he will adjust policies flexibly based on economic data. This uncertainty may lead to a market consolidation, but undercurrents are stirring, especially benefiting options traders to profit from rising volatility.

To reduce risk, cautious investors may consider converting some high-risk Crypto Assets into Bitcoin or stablecoins before the speech. At the same time, it is advisable to avoid using high-leverage contracts, as their risks are particularly high in such an uncertain environment.

It is worth noting that the European Central Bank's policy may also have a significant impact on the market. If the European Central Bank unexpectedly adopts a loose policy, it may be difficult to curb the market's upward momentum even if Powell maintains a hawkish stance.

In summary, the current market situation is complex and volatile, and investors need to remain vigilant and manage their investment portfolios rationally to cope with various potential market conditions.