#美联储货币政策# The expectation of the Federal Reserve cutting interest rates in September has significantly risen, and this trend is worth noting. According to the data, CME observations show that the probability of a 25 basis point rate cut has reached 80.3%, a substantial increase from the previous 41.3%. The non-farm payroll data falling short of expectations is a key factor, indicating that the labor market may be weakening. Meanwhile, Goldman Sachs expects three consecutive rate cuts starting in September. These signals suggest that the Federal Reserve may be paving the way for a more accommodative monetary policy. For the encryption market, this could bring short-term Favourable Information, but it is still necessary to closely monitor subsequent economic data and statements from Federal Reserve officials. It is recommended to track institutional capital flows and whale account movements to assess the market's reaction to these expectations.