Recently, investors in the cryptocurrency market, including Bitcoin and Ethereum, generally expect an interest rate cut in September. Market sentiment has even raised expectations for the rate cut to 50 basis points. However, we need to consider a key question: What impact would it have on the market if Federal Reserve Chairman Powell announces a cut of only 25 basis points, or even more unexpectedly, no cut at all?

This situation is likely to trigger severe market volatility. Investors have already incorporated the expectation of significant interest rate cuts into their investment strategies, and if the actual situation differs greatly from expectations, it could lead to a sharp market adjustment.

It is worth noting that the current performance of the U.S. economy is relatively strong. Against this backdrop, we have to question the necessity of significant interest rate cuts. The Federal Reserve's policy decisions are typically based on domestic economic conditions rather than to meet the expectations of the global market.

Therefore, investors need to approach market expectations with caution and be prepared to face various possible situations. Both the cryptocurrency market and the traditional financial market may experience significant volatility due to decisions made by the Federal Reserve. In this uncertainty, a diversified portfolio and risk management strategies become particularly important.