Despite record low volatility, the current crypto market is in a tense equilibrium, with two powerful forces at play: 🟢 The positive impact of the Fed's interest rate cuts Historically, the frenzied rate-cutting cycle of 2020 and the "interglacial" rate cuts expected in 2024 both fueled significant crypto market rallies. Currently, the crypto market, dominated by institutional investors, is extremely sensitive to interest rate fluctuations. 🔴 Seasonal Pressure Over the past 10 years, eight Septembers have seen declines, with an average drop of -4.89%. Structural factors such as profit-taking by smart money and institutional investors, as well as tax considerations, will weigh on crypto market trends. Given the counterbalancing effect of these two forces, we confidently predict a slightly bullish outlook for September, with BTC expected to see modest gains (+3% to +8%). However, volatility will increase significantly, with intraday fluctuations potentially reaching 5-10% during major events.