There has been a notable change in the financial markets recently. The probability of the Federal Reserve lowering interest rates in September has dropped from over 90% to 87.3%. This seemingly small 3% difference has actually caused a significant reaction in the financial sector. A rate cut is viewed as an important driving factor for the encryption currency market, and the decrease in probability could have a substantial impact on the market.

In the short term, this news may exert some pressure on the cryptocurrency market. The decrease in the probability of interest rate cuts suggests that the U.S. economy may be stronger than expected, and inflation issues have not yet been fully controlled. In this context, the dollar may strengthen, and funds may flow from the cryptocurrency market to dollar assets, leading to a potential short-term decline in the prices of major cryptocurrencies like Bitcoin and Ethereum.

However, in the long run, opportunities and challenges coexist. Although interest rate cuts may be delayed, uncertainty in the global economic environment still exists, and the value of fiat currencies continues to be questioned. In this context, Bitcoin's safe-haven attributes as "digital gold" may become more prominent. The current price correction may provide investors with a potential entry opportunity.

Ethereum is also worth paying attention to. With the approval of Ethereum ETFs and the advancement of technological upgrades, once the interest rate cut policy is truly implemented, Ethereum may show significant performance. For small encryption projects with practical application value and reliable team support, the current time may also be a relatively favorable investment opportunity.

However, investors need to remain cautious and patient. The U.S. core PCE data set to be released on August 30 will be an important point of observation. If inflation data rises again, the encryption market may experience another round of decline, which could create better entry opportunities.

Overall, the opportunities in the cryptocurrency market always exist, and the key lies in the patience and insight of investors. Defensive strategies may be required in the short term, but in the long run, the market still has the potential to show a strong upward trend. Investors need to closely monitor market dynamics, conduct thorough research, and manage risks to seize opportunities in this market full of opportunities and challenges.