Currently, the market data shows that Bitcoin and Ether have attempted to rise but failed to effectively break through the upper range points. The current trend suggests that the overall market is continuing within a range. Therefore, our bearish outlook remains unchanged; we should continue to adopt a bearish strategy. It is important to pay attention to Powell's speech at midnight today, as the market may face significant fluctuations. Fren who are looking for short-term opportunities should find chances to take profits before the U.S. stock market opens.

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When US stocks hit new highs, Wall Street closely watches Powell's speech, hoping he will reveal clues about interest rate cuts. Tonight's focus is on Powell's speech! Mr. Powell will speak about the economic outlook at 00:35 Beijing time on September 24. After restarting the easing cycle last week, more than 10 Federal Reserve officials, including Powell, will give public speeches this week. From now until the monetary policy meeting on October 28-29, the new data available for officials to assess the economic situation is relatively limited, and the level of risk facing the labor market may again determine whether a 25 basis point rate cut will occur. However, concerns about the direction of inflation may become key for Powell in balancing the internal divisions within the Federal Reserve.

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Let's discuss how to arrange the details and follow Yibo's evening market data live stream together.