Woken up in the middle of the night by a basin of cold water. The Fed's Barkin just made a statement, December rate cut? Dream on. The market's expectations were directly crushed by him — what does "data-driven" mean? Translated, it means: Stop dreaming, the interest rate is very likely to remain unchanged.

The issue of interest rate cuts by the end of the year is basically off the table. What’s even more troublesome is that every economic data release from now on could stir up a storm. Brothers in the crypto space should take it easy, don’t over-leverage, because in times like this, whoever is aggressive will blow up first. The policy direction changes daily, and staying alive is more important than anything else.