The crypto assets market is currently at a critical moment, with Bitcoin oscillating around 113,000. Market participants are closely following Fed Chairman Powell's speech tonight, hoping for hints on the direction of monetary policy.

There is a divergence in the market regarding whether the Fed will cut interest rates. Some analysts believe that the economic situation does not support a rate cut, while others argue that a cut is imminent. Large capital is waiting for clear signals before making corresponding arrangements.

Powell's speech tonight may trigger market volatility. Investors are particularly focused on whether he will hint at the possibility of starting rate cuts in September or continue to maintain the current high interest rate policy. Fed officials have remained cautious and have not revealed any intention to cut rates.

It is rumored that a well-known investor currently holds a long position of 140 million USD, with an unrealized loss of nearly 10 million USD. The loss situation of large holders may indicate that the market is about to experience a turning point.

For tonight's speech, the market expects mainly three scenarios:
1. Powell clearly signals a rate cut, and the market may rise significantly (probability about 20%)
2. Indicates that there will be no interest rate cut for now but suggests that a future cut is possible, which the market still sees as a positive (probability about 50%)
3. Completely refraining from mentioning interest rate cuts and even reaffirming a hawkish stance, the market may decline further (probability about 30%)

In this uncertain market environment, investors should remain rational and avoid impulsive actions. It may be wise to consider a phased investment strategy and wait for clearer market signals before making significant entries. Keep a close eye on the performance of digital assets such as MYX, BIO, and KOMA, as they may become indicators of market direction.