The Fed will release a delayed GDP report this morning, specifically at 8:30 AM Eastern Time, which is 9:30 PM Beijing Time. This data may have a significant impact on the crypto market.

According to market expectations, different GDP growth results will lead to completely different market reactions:

If the GDP growth rate is less than 3.1% quarter-on-quarter, it means economic growth is below expectations, which may prompt crypto assets to become a safe-haven choice, and the prices are expected to rise significantly.

If the GDP growth rate is exactly at 3.2%, which is basically in line with expectations, the market may maintain the status quo, and the crypto price will lack a clear direction.

If GDP growth exceeds 3.3%, strong economic data may be interpreted as a signal for the Fed to maintain a tight stance, leading to selling pressure on cryptocurrencies and a downward pressure on prices.

Overall, today's report will be an important focus for the market, and closely monitoring the moment the Fed data is released may be a key factor in determining the short-term market trend.