As Thursday's interest rate decision approaches, market sentiment is clearly beginning to heat up. Currently, whether in the crypto world or traditional markets, everyone is waiting for this "shoe" to drop. Based on past experience, any subtle change in the interest rate path will be amplified and interpreted by funds, leading to short-term sharp fluctuations.

For the crypto market, the core of this decision is not whether to adjust interest rates, but the "attitude" it releases—whether to continue maintaining a high-pressure stance or to signal a shift. If dovish, liquidity expectations will improve, and risk assets are likely to experience a wave of emotional recovery; conversely, if hawkish, high-valued assets will face another round of valuation compression.

From the market perspective, funds are currently noticeably cautious, the trend is slowing down, and volatility is increasing. Essentially, this is preparing for the news to be digested. The more such a node, the easier it is to see "false breakouts + fakeouts" in the market structure.

In terms of trading, it is not recommended to heavily bet on a direction in advance; patience and confirmation of signals are more critical. The real opportunities often appear after the news is announced, not during the pre-game phase. Controlling positions and leaving enough room for error are more important than blindly predicting.