The financial market's attention is focused on the decisions that the Fed is about to make. Recently, the market's expectation probability for a 25 basis point rate cut by the Fed in September has climbed to 85%. This almost certain expectation has made previous comments about a 50 basis point rate cut seem unrealistic, sparking a lot of skepticism.

However, for markets that are highly sensitive to policy, such as cryptocurrencies, the current focus is no longer limited to the extent of interest rate cuts. What is more concerning is whether the Fed can maintain the bottom line of independent decision-making. If political forces excessively intervene in the central bank's decision-making process, future monetary policy may deviate from the core goals of stabilizing inflation and promoting employment, becoming a tool to serve short-term political needs.

This potential shift in policy direction could lead to increased volatility in global financial markets, much like a runaway wild horse that is difficult to predict and control. For cryptocurrencies like Bitcoin, this uncertainty could bring greater risks and fluctuations.

In this complex economic environment, investors need to closely monitor the decision-making trends of the Fed while also being wary of the potential impact of political factors on monetary policy. Maintaining a rational and cautious investment attitude, along with effective risk management, will be key to navigating market fluctuations.