The market turning point is right in front of us. Powell's speech today, due to the "quiet period" rules, didn't mention a word about the economic situation, which actually indicates the problem — there will definitely be action at next week's meeting. The market is now betting on a nearly 90% probability of a rate cut in December, basically set in stone.

I see it very clearly: this interest rate cut is superficially to stabilize the economy, but in reality, it is just a blood transfusion for risk assets.

What really needs to be watched is not the interest rate cuts themselves, but the "dot plot". That thing will reveal how interest rates will move in 2026, directly determining how the market will play in the long run.

The logic for the crypto market is very simple and straightforward: when there is more water, the boat will naturally rise. Once the US dollar is expected to weaken, where will the cheap funds go? Bitcoin, being a high-risk and high-return asset, is definitely the first choice. A glance at history shows that every time a liquidity turning point occurs, the crypto market never misses out on this feast.

How should retail investors respond?

First, the core position must hold BTC tightly. It is the ballast of this macro market cycle and also a weather vane; if you lose it, you lose your sense of direction.

Second, don't rush to chase high prices, wait for the opportunity to discuss. Be wary of the "good news fully priced in turns into bad news" routine. If there is a pullback after the announcement, that is the real entry point.

Third, focus on strong varieties. If the market really takes off, the explosive power of mainstream coins like ETH, SOL, and top altcoins will be even stronger.

Now is the calm before the storm. Are you planning to wait until it rains to look for an umbrella, or will you stand on the deck in advance? The choice is in your hands.