As expectations for a Fed interest rate cut rise in September, attention in the financial markets continues to escalate. Recently, Trump directly posted to exert pressure on Fed Chairman Powell, threatening to take legal action if rates are not cut. Trump accused the Fed of financial misconduct during the office renovation process, a charge that undoubtedly puts enormous pressure on Powell.

Given the current economic situation and external environment, Powell seems to be finding it increasingly difficult to maintain his previous stance. Insufficient data support, along with the reality of his impending departure, makes interest rate cuts seem like a choice that must be made.

At the same time, institutional funds have begun to react to this expectation. The recent rise in the cryptocurrency market can largely be seen as a preemptive reaction to the potential interest rate cuts in September. Investors are actively positioning themselves, hoping to gain an advantage when policy changes occur.

The game surrounding Fed policy not only concerns the direction of the American economy but will also have a profound impact on global financial markets. As time goes on, we will witness how this important economic decision affects the performance of various assets. In this period of uncertainty, investors need to remain vigilant and closely follow the developments.