The Federal Reserve's "pause button" has been fully understood by the market. 🤩

Based on traders' actual bets, the probability of "interest rate unchanged" this month has already exceeded 90%. The market never waits for an official announcement; the funds are already in place for this layout.

But here’s a question— is pause the end point? Obviously not.

When the Federal Reserve stops raising interest rates, risk assets actually start to gather momentum. Can you feel that sense of suppression? Volatility is tightly suppressed, like a stretched spring, seemingly calm but with hidden currents flowing beneath.

Now, the market's focus has shifted from "Will the Federal Reserve move" to "What will it do next":

Is this the beginning of a rate cut cycle and a full-scale rally? Or is it a calm deliberately created before the storm?

Don’t forget one thing: the Federal Reserve can pause, but the market never stops. This is not a ceasefire zone; it’s a battleground of funds, expectations, and human sentiment.

Are you watching from the sidelines, or have you already taken action?