ChainCatcher news, Federal Reserve Chairman Powell's speech last week hinted at a possible pause in interest rate cuts at the upcoming meeting. This news left investors feeling dissatisfied. However, some economists do not believe Powell's remarks pose a negative impact on the market.Citigroup's Chief U.S. Economist Andrew Hollenhorst stated, "U.S. Treasury yields rose due to Powell's remarks, but we believe this is more a reflection of Powell keeping all options open rather than intentionally sending a hawkish signal." Goldman Sachs Chief Economist Hatzius still expects "the Federal Reserve to cut rates consecutively in December, January, and March, followed by a rate cut once each quarter in June and September, but it believes the FOMC may slow the pace of rate cuts more quickly, possibly as early as the meetings in December or January." However, unless the employment or inflation report in November is unexpectedly strong, the likelihood of the FOMC skipping a rate cut in December is low.

ChainCatcher news, according to Alternative data, the cryptocurrency fear and greed index today is 70, down from 74 yesterday, with market sentiment continuing to show "greed."

ChainCatcher news, according to Lookonchain monitoring, a certain whale panic-sold 2019 BTC (approximately $141.5 million).Since October 1, this whale has sold a total of 5506 BTC (approximately $366.9 million) and currently holds 4980 BTC (approximately $345.5 million).

ChainCatcher news, according to CoinDesk, Bitcoin fell below $70,000 on Thursday, triggering panic selling among short-term holders (STH). On that day, short-term holders transferred approximately $2.3 billion worth of Bitcoin (about 32,000 BTC) to exchanges while at a loss, marking the largest single-day loss transfer since the yen arbitrage trades were closed on August 5. Meanwhile, over the past three days, short-term holders have transferred more than $6 billion worth of Bitcoin to exchanges to cash out some profits.Analysts point out that the U.S. presidential election will be held on November 5, and investors are likely to reduce their risk exposure, which they often do on the last day of the month.

ChainCatcher news, the chief architect of the decentralized GPU cloud computing provider Aethir, @Jadenonclouds, posted on the X platform: "The Aethir Foundation will begin transferring some ATH tokens to separate wallets for our planned various funding programs. Users may notice some larger ATH fluctuations today. Please do not panic. In the coming days, each different funding wallet will be labeled."Aethir's official account also retweeted this post, stating: "The preparation for the ecological fund has begun. This $100 million fund will support various growth programs for AI and gaming innovators. Applications are now open."

ChainCatcher news, according to Cointelegraph, cryptocurrency research company Santiment's market director Brian Quinlavin stated in a blog post that when five major "panic" words are frequently used on social media, it may indicate that the cryptocurrency market has bottomed out.These words are "FUD," "sell," "death," "crash," and "liquidation." Taking a "contrarian" approach to social media sentiment is often the right decision.

ChainCatcher message, trader Eugene posted early this morning to elaborate on his upcoming investment strategy: sell when everyone is quickly imitating other players; start buying when people no longer believe that a drop is a buying opportunity; and when missiles are flying around, and World War III is about to break out again, while everyone is reducing risk because the war "has just begun," engage in large-scale buying on the dips.Finally, Eugene added, "I may go back on my word in the future, but I have seen this script many times, so I have a considerable grasp of the future direction of prices."

ChainCatcher news, Bank of America’s renowned strategist Hartnett pointed out that the current market reaction to a 50 basis point rate cut by the Federal Reserve seems to be following the script of "soft landing" or "panic rate cuts." The U.S. stock and credit markets are digesting expectations of a 250 basis point rate cut by the Federal Reserve by the end of 2025, along with an 18% growth in earnings for S&P 500 constituents. "The risks haven't improved much, so investors are forced to chase the 'uptrend,' and the 'bubble risk' is making a comeback."Regarding the reasons for this euphoric rise, Hartnett explained in his latest report that when there is no panic (at least not yet), Wall Street's favorite is "panic rate cuts." At the same time, the Federal Reserve hopes to cut rates by 50 basis points so that real interest rates can decline from their highest levels this century, preventing layoffs in the small business sector that is already in recession.

ChainCatcher news, according to Jinshi reports, DBS Bank stated that the market expects the Federal Reserve to implement a series of rate cuts, but aggressive market pricing may lead to disappointment and ultimately trigger panic.Economist Taimur Baig wrote in a report: "An inflation rate below 3% and a policy rate above 5% often struggle to coexist, so it is necessary to implement some monetary easing. However, the extent of the rate cuts reflected by the market seems excessive. For the yield curve to reflect a scenario where rate cuts exceed 200 basis points over the next 16 months, the U.S. economy must weaken significantly, and inflation must fall below 2%, which is unlikely to happen." DBS Bank's fundamental view is that by the end of 2025, the Federal Reserve will cut rates by 150 basis points, with a 25 basis point cut expected this week.

ChainCatcher message, Matrixport released a chart today stating that the Bitcoin Greed and Fear Index has once again reached "extreme fear" levels. We developed this index to provide a more strategic and timely sentiment reference than the widely cited "Fear and Greed Index."Historical data shows that Bitcoin typically rebounds in such situations. Key catalysts for this week include the presidential debate between Harris and Trump on Tuesday, and the U.S. CPI report on Wednesday.

ChainCatcher news, the fiercely competitive U.S. presidential election has gradually faded from public view, and investors' attention is focused on the Federal Reserve meeting on September 18. Any policy misstep could disrupt a market already on edge due to signs of slowing economic growth.Rocky Fishman, founder of the derivatives analysis firm Asym 500, stated, "The main focus of the market recently may be the Federal Reserve and the beginning of the rate-cutting cycle. Although stock options reflect higher risks around the election, the actual trading volume of election-related expiring stocks has remained limited."Traders are also awaiting the debate between Harris and Trump on Tuesday to further determine their bets on who will win the election. Investors will analyze the candidates' positions on issues such as tariffs, immigration policy, and corporate taxes.John Divine, head of over-the-counter trading at digital asset trading and technology company BlockFills, noted that Bitcoin's short-term positioning is unusually bleak.He said, "The current bet is bearish before October 25, with a slight bullish outlook before the election. When looking at November, we start to see the buy price for call options exceed that of put options, but that is not the case, which is quite shocking to me and highlights the current level of panic in the market."Divine added that while Trump is more favored in the crypto market, the lines of who supports the crypto industry are becoming increasingly blurred. "I think the market is not entirely trading based on who will win the November election. More importantly, they are using the event to drive narratives that align with the current bearish stance."

ChainCatcher message, according to the latest data from alternative, today's Fear and Greed Index (FGI) remains the same as yesterday, at 26, indicating a state of panic.

ChainCatcher message: Due to the arrest of Telegram founder Pavel Durov, the price of TON, linked to Telegram, temporarily dropped by 25%. However, market analysis of some technical and market factors suggests that TON may experience a significant rebound in the coming weeks.A similar situation occurred with BNB. On April 30, when CZ was sentenced in the U.S., BNB dropped by 13.5%. However, once the ruling was finalized, BNB surged nearly 35% from its low and reached a high of nearly $700 on June 6. When news of legal disputes breaks, the market often reacts with panic selling, as traders rush to protect their investments from potential impacts.However, once the initial shock subsides, the market tends to reassess the situation more rationally. The same psychological pattern may also emerge with Toncoin. Pavel Durov's arrest could be seen as a significant danger signal, leading traders to exit their positions and causing a sharp price drop. But if the market later views this arrest as an isolated incident that will not fundamentally undermine the Toncoin ecosystem, traders may begin to see this drop as a panic buying opportunity.

ChainCatcher news, according to Alternative data, today's cryptocurrency Fear and Greed Index is 25 (yesterday it was 27), and market sentiment has entered extreme fear.

ChainCatcher News: Japan's newly appointed top foreign exchange official, Jun Mimura, stated that there should be no panic regarding market conditions, and the stance on foreign exchange intervention remains unchanged. The moderate recovery of the Japanese economy has not changed. The exchange rate must reflect the fundamentals and remain stable. Focus on foreign exchange fluctuations rather than the exchange rate level. (Jin Ten)

ChainCatcher news, Abra's head of over-the-counter options trading Bohan Jiang stated that the recent macroeconomic downturn has caught the derivatives market off guard, with the Chicago Board Options Exchange's Volatility Index (VIX) soaring. In the past 24 hours, the VIX has surged above 65 points, marking the highest level since the market panic at the onset of the COVID-19 pandemic.Bohan Jiang said, "I expect that the implied volatility in the cryptocurrency market will remain high until macro factors stabilize. Most options market participants were not prepared for the recent macroeconomic recession. As the macro narrative shifts, the cryptocurrency market still tends to trend upward; there is almost no hedging against downside risks."

ChainCatcher news, according to analysis reports from foreign media, the recent weeks of sell-off led by technology stocks have injected panic into the buying-on-dips sentiment that has dominated most regions globally since the pandemic low, indicating that stock market return expectations will be significantly adjusted before the end of the year. Multiple market indicators are approaching bearish milestones as concerns grow that the global economy is beginning a major reset, with the U.S. possibly entering a recession, the Bank of Japan tightening policies leading to the collapse of yen carry trades, and escalating tensions in the Middle East. (Jin Ten)