Did you notice Powell's speech this time? He talked the whole time about the past of a deceased official, regarding the Intrerest Rate? Not a word was mentioned.

Don't be surprised. They enter the statutory quiet period before next week's interest rate meeting—during this time, any statements that might affect market expectations are prohibited. So this "silence" was anticipated.

But the interesting thing is that the market's reaction to this "expected silence" has been quite positive. Why? Because at least one thing has been confirmed: there will be no sudden statements in the short term to disrupt the rhythm. Now everyone's attention is focused on two directions - the economic data that will be released this week and the final decision on the table next week.

What does this mean for the crypto market? I think we might see a trend like this:

**Short-term wait mode**. Before major events unfold, some funds may choose to stay put, and market fluctuations may narrow. After all, no one wants to make blind bets the night before the exam.

**Following the pace of traditional markets will be more pronounced**. During this period, the narrative of cryptocurrencies will be weakened, and price movements are likely to dance along with the sentiment of US stocks and other risk assets.

So what should we do at this critical moment?

If you have already made arrangements for next week, just stick to the original plan and don't be disturbed by this "seemingly uneventful" calm period. It's a good time to reassess your position allocation, make adjustments where needed, and hedge where necessary.

Additionally, remember to pay attention to the upcoming inflation and employment data—these are the real signals that can reveal the direction.

In short, it's just the halftime whistle now. The real show is still to come, so be prepared and wait for that moment to arrive.