Golden Finance reports that Adam, a macro researcher at Greeks.live, posted an analysis on X platform. The Fed's interest rate decision will be released in three hours. Currently, according to futures data, there is a 60% probability of a 50 basis point rate cut and a 40% probability of a 25 basis point cut. The entire market is focused on this.

Looking at cryptocurrency options data, market divergence is also significant. The implied volatility (IV) of very short-term options is as high as 70%, with the IV of put options being significantly higher. Looking at the option trading distribution, the highest concentration of trades is for BTC 58,000 put and ETH 2,200 put, indicating that the options market is generally bearish on the interest rate meeting. A 25 basis point cut is below expectations, and a 50 basis point cut implies a deterioration of economic indicators.