Tonight at 2:30 AM, cryptocurrency investors will face an important moment. Federal Reserve Chairman Powell is about to announce the latest interest rate decision, with the market widely expecting a rate cut, depending on the magnitude of the cut.

How will this decision affect the digital assets marketplace? Looking back to last month, after the rate cut news was announced, the cryptocurrency marketplace experienced a noticeable fall. However, this time may be different. Considering that the market has already anticipated a rate cut, and with mainstream tokens like ETH, BTC, and SOL performing steadily, I personally lean towards the view that this rate cut could boost the marketplace.

It’s worth noting that the cryptocurrency marketplace has always been highly volatile, and investors should exercise caution when making decisions. Nevertheless, for those optimistic about the market outlook, now might be a good time to establish small-scale long positions.

Regardless, Powell’s remarks and the subsequent market reaction will provide valuable insights to help us better understand the current economic situation and its impact on the digital assets field. Let’s wait and see what changes this Federal Reserve decision will bring to the cryptocurrency marketplace.