QCP: Investors should follow the Fed's dot plot and Powell's wording tonight.

BlockBeats news, on September 17, QCP Capital reported that the Fed is expected to begin a rate cut cycle tonight, with the first cut of 25 basis points to 4.00–4.25%. Although the market has priced in six rate cuts by 2026, investors are still following the dot plot and Powell's language at the press conference. Despite the improvement in liquidity, the recent performance of the crypto market still lags behind traditional risk assets, and whether tonight's Fed statement can narrow this gap is worth watching.