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Tonight at 22:00, Fed Chairman Powell will be questioned by members of the House of Representatives. In his speech yesterday, Mr. Powell did not reveal the timing of the interest rate cut, but his remarks seemed to have subtly changed. Tonight, whether he will continue to maintain his tight-lipped attitude or provide more clues about the interest rate cut will be widely followed. At that time, the market will inevitably experience fluctuations.
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The current real-time price of Ether is maintained above $3000, which is also due to the potential Favourable Information of the upcoming listing of the Ether spot ETF. In addition, BTC has entered a regional bottom phase, and testing above $60,000 is only a matter of time. Market panic is continuously diminishing. At the macro level, expectations are driving the development of the encryption industry. In terms of the futures market, attention should be paid to the risk of getting liquidated.
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The SOL ecosystem and Token are expected to pump, be cautious in choosing AltCoins. Market Maker is playing games with retail investors, AI artificial intelligence zone's WLD may be eliminated, so RNDR as a potential Token is worth following. Historical data shows that opportunities to catch the bottom after panic selling can bring substantial returns. Short-term Fluctuation in the market does not affect the long-term value assessment of BTC.