#比特币波动性 Will Powell lower interest rates this time? The answer may be more nuanced than you think.

Famous financial journalist Nick Timiraos recently revealed that the upcoming interest rate meeting has almost become a solo performance by the Chair—internal factions have already laid the groundwork, just waiting for his command. But the key takeaway is: this is likely to be the only rate cut window this year, and as for what comes next? Don't hold your breath.

In plain language, it means: The central bank is willing to open the liquidity valve, but only gives you the chance to fill a ladle of water, and immediately closes the valve after you fill it, also clearly telling you "just this once."

What does this mean for the crypto market? In the short term, there may be a breather in terms of liquidity, but if you expect continuous easing to drive sustained increases, think again. Historical data shows that the market response after a single rate cut often presents an "impulsive" characteristic—quick rises followed by long periods of consolidation.

In trading, one needs to be wary of the classic trap of "good news turning into bad news". When everyone is celebrating a rate cut, it may be a signal for smart money to prepare to withdraw.

In one sentence: This interest rate cut is more like an emergency painkiller, not a nutrient solution. Only those who understand the policy rhythm won't be on guard during the celebration.