From August 21 to 23, 2025, the global Central Bank annual meeting will be held in Jackson Hole, Wyoming, USA. Fed Chairman Powell will deliver a keynote speech on August 22, and the market is highly focused on his statement regarding the expectations for a rate cut in September.
Once again, officials are saying that there will be no interest rate cuts in September. Tonight at 10 PM, Powell will speak; let's see what he has to say. Currently, it seems that the Fed and Wall Street are not quite in sync!
The implementer does not want to cut interest rates, while traders believe it is necessary t

According to CME's "Fed Watch": the probability of the Fed keeping the interest rate unchanged in September is 15.4%, and the probability of a 25 basis point rate cut is 84.6%. The probability of the Fed keeping the interest rate unchanged in October is 6%, the cumulative probability of a 25 basis point rate cut is 42.4%, and the cumulative probability of a 50 basis point rate cut is 51.5%.
What do you think?

8.14
BTC
The big coin has broken the previous high, and overall this position is still bullish. In fact, there isn't much to say about the current market, and there is no indication of a topping pattern yet. So it will either be an upward trend or a sideways movement, just these two patterns. Even if it pulls back, the force won't be very deep; it needs to form a structure. Currently, no corresponding structure has emerged, so a significant drop is not expected, with support at 121800-120500.
ETH
Ethereum is really very strong, showing no signs of a pullback. Even if there is a pullback, it wi