🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
Share your creations with trending topics and get a chance to split $5,000 in rewards! 🎁
👉 Join now: https://www.gate.com/campaigns/1953
💡 How to Join:
1️⃣ Post with the hashtag #Gate Square Mid Autumn Creator Incentive# .
2️⃣ Your content should follow the daily trending topics posted by [Gate _Square], and include both hashtags.
3️⃣ The more posts, higher quality, and greater engagement — the bigger your rewards! 🚀
💰 Creator Rewards:
🏆 Top 1: Bulgari Mid-Autumn Gift Box + $100 Futures Voucher + $100 GT
🥈 Top 2: Bulgari
The financial markets are closely following the Fed's policy direction. According to the latest forecasts, there may be three rate cuts this year, scheduled for September 17, October 29, and December 10. The specific decision will be announced in the early hours of September 18, and a 25 basis point cut is almost a foregone conclusion, while a 50 basis point cut, although highly anticipated, has a very low probability.
On the international political stage, Trump stated that substantial progress on the Russia-Ukraine conflict needs to be made before September 12. He plans to engage in dialogue with Putin soon, although the specific timing has yet to be determined, but it is likely to be scheduled around September 17.
The cryptocurrency market has shown interesting trends recently. The strong rise of meme coins often accompanies a correction in the broader market. Recently, Dogecoin (DOGE) has led a wave of altcoin rises, which may be related to the approval of its futures ETF. In the future, the market's focus may shift to ETF-related cryptocurrencies such as Litecoin (LTC), Polkadot (DOT), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and Sui.
Ethereum (ETH) is also showing a trend of seeking high liquidity, reaching a peak of $4,770 today. According to the current market logic, if meme coins surge again in the next few days, it could indicate that the overall cryptocurrency market is about to face a correction.
When investors are laying out the ETF-related sectors, it is recommended to wait for interest rate cuts and observe market sentiment before making decisions. At the same time, close attention should be paid to the movements of meme coins, as they may represent the final surge phase of market rotation.