Recently, the market's expectations for the Fed's rate cut in September have changed, with the probability of a rate cut dropping from a previous high to 71.3%. Nevertheless, a rate cut is still a highly likely event, and investors need not worry excessively.

From a short-term perspective, if the Fed lowers interest rates, it will undoubtedly be good news, likely driving cryptocurrency prices higher. This upward trend may accelerate the current bull market, bringing more opportunities for investors.

However, in the long run, the situation may become more complex. Assuming the Fed decides not to cut interest rates in September, this could have a certain negative impact on market sentiment in the short term. But from another perspective, this decision may prolong the duration of the bull market, providing more room for long-term growth in the market.

It is worth noting that the contents of the Fed's July meeting minutes will also have a significant impact on the market. Investors should pay close attention to this information to better understand and predict future market trends.

Regardless of the final outcome, participants in the cryptocurrency market should remain calm and prepare for various possibilities. The market is always full of uncertainties, and investors who can remain flexible in different situations often achieve better returns in the long run.