Powell's recent remarks have caused quite a stir in global financial markets. He hinted that interest rate cuts may begin in September, while also trying to balance the market's excessive optimism. This statement reflects the dilemma faced by the Fed: on one hand, it needs to address potential risks in the labor market, and on the other hand, it must remain cautious of the possibility of inflation rebounding.

Powell's remarks can be interpreted as a carefully designed expectation management strategy. He does not want to stifle market hopes, nor does he want to trigger excessive speculation. For the cryptocurrency market, this delicate balance could be a positive signal. The existence of interest rate cut expectations provides upward momentum for the market, but the slow implementation process may maintain high volatility, creating opportunities for traders.

It is worth noting that the Fed's policy shifts are often more aggressive than its public statements. Just like underestimating the persistence of inflation in early 2021, the current pace of interest rate cuts may also be faster than what is officially hinted at. Wise investors should focus on actual actions rather than words.

In this context, Bitcoin and other cryptocurrencies may present different trends. Bitcoin, as the anchor of the market, may steadily rise, while smaller cryptocurrencies may experience greater volatility.

However, investors should not simply equate interest rate cuts with the arrival of a bull market. Powell particularly emphasized the focus on the labor market, which suggests uncertainty in the economic outlook. When making investment decisions, it is necessary to comprehensively consider various economic indicators and market factors, rather than relying solely on a single policy expectation.

The cryptocurrency market is facing new opportunities and challenges. In this volatile environment, it is crucial to maintain a clear mind and flexible strategies. Regardless of how the market changes, in-depth research and rational analysis are always key to successful investing.