Powell is set to speak at Jackson Hole, and reports suggest that he will "open the door" for an interest rate cut in September.

In my opinion, this is almost like giving the market a "shot in the arm."

Everyone understands the style of the Federal Reserve; they never directly say, "I want to cut interest rates," but use this kind of "open door" expression, which not only retains flexibility but also gives the market enough room for imagination.
This is actually enough, because what the market wants is not a definite commitment, but a clear signal: easing is on the way.

To me, this means several points:
1. Panic sentiment is almost over: After Powell's speech, the market is unlikely to crash on a large scale again.
2. Risk assets are getting a breather: Tech stocks, gold, and Bitcoin will all receive support.
3. Mainstream coins like ETH and BTC, after such pullbacks, are likely to see the next wave of market movement under this signal.

In other words, what the market fears most is not the lack of interest rate cuts, but rather "uncertainty." Since Powell has already opened the door, all that's left is to patiently wait for the spark to ignite. #加密市场回调# #Gate Alpha空投ESPORTS#