Recent economic data suggests that the momentum of the U.S. economy may be slowing down. According to market analysis, the probability of the Fed lowering interest rates in September has risen significantly to 80.3%. This change in expectation is mainly due to the disappointing non-farm payroll data in July, which triggered concerns in the market about the economic outlook.

The expectation of interest rate cuts may have profound effects on financial markets. Firstly, interest rate cuts usually mean lower funding costs, which could stimulate market liquidity and benefit risk assets. Secondly, from historical experience, interest rate cut cycles are often accompanied by rises in the cryptocurrency market, particularly mainstream cryptocurrencies like Bitcoin and Ethereum may benefit.

In addition, the rise in expectations for interest rate cuts may change investors' psychological expectations. As a type of asset considered a safe haven by some investors, Bitcoin may attract more capital inflows, which could be a precursor to a new bull market.

For investors, this may be a good time to reassess investment strategies. In addition to focusing on Bitcoin and Ethereum, some investors may consider moderately increasing their holdings of other mainstream cryptocurrencies, such as Solana and BNB, as these assets may also benefit from potential rate cuts.

However, it is important to note that there may be discrepancies between market expectations and actual policies. When making decisions, investors should consider various factors, including but not limited to the global economic situation, changes in the regulatory environment, and the fundamentals of various cryptocurrency projects.

Regardless, the economic data and the Fed's policy trends in the coming months are worth close attention, as they may have a significant impact on the cryptocurrency market.