The current challenge in the market is how to understand the relationship between interest rate cuts and the economy.

Considering the current economic background, interest rate cuts are not simply a positive for the current market.
Powell's gradual easing policy is actually just a drop in the bucket for the current cryptocurrency market.
It would be better to directly cut interest rates by 50 basis points so that the entire market can face the recession head-on. At the beginning of the rate cut, there will be a surge, then the market will start to welcome the recession and face a crash, followed by the Federal Reserve injecting liquidity to rescue the market, and then we can expect a recovery.
Here are two possible trends of the market going forward.
The first is to continue the slow boiling of the frog, and the market may continue to fluctuate in late September or October. There will be opportunities, but they won't be significant.
The second is to directly cut interest rates by 50 basis points, which will definitely cause a surge immediately, and then we will see if there is a spread of recession. After a direct collapse, we will welcome bigger opportunities, just wait to buy the dip and that's it.