Recently, global investors' attention has been focused on the same person - Fed Chairman Powell. As regulatory policies gradually become clear, the market's focus has shifted to potential interest rate cut expectations.

Recently, there have been some fluctuations in the cryptocurrency market, but this does not mean that the bull market has ended. On the contrary, these fluctuations may be a normal pullback caused by a surge of speculative funds following the introduction of regulatory legislation. Whether the market can truly take off depends on whether it can establish a foothold at this position.

Although no one can accurately predict the exact timing of interest rate cuts, it is certain that once they occur, the market is likely to experience a surge. Therefore, investors should now focus on preparing for a potential market rally in the future, rather than overly concentrating on short-term fluctuations.

It is worth noting that the current cryptocurrency market has undergone a qualitative change. It has become an important asset class that can stand shoulder to shoulder with U.S. stocks, no longer easily influenced by various institutions as it was in the past. In such a fundamental environment, what investors need to do is patiently wait for the market to develop.

Even though Powell may continue to maintain a tough stance during his term, the possibility of interest rate cuts will significantly increase once he steps down. The market generally expects this timing to be around May.

In the capital market, investors often hype up expectations in advance. This means that before May, the market may continue to hype the expectation of interest rate cuts. Therefore, now could be a critical time for investors to prepare for potential market changes in the future.