According to Odaily Planet Daily, Tom Lee wrote on the X platform that Powell's speech was interpreted as dovish, which is in line with expectations and positive for cryptocurrencies (BTC and ETH). Tom Lee previously stated that in conversations with institutional investors, more people expect Federal Reserve Chairman Powell to lean hawkish because he does not want to be forced to cut interest rates. Because this is the baseline scenario, his statement is likely to be seen as dovish, which means that the stock market may rise on Friday after the Jackson Hole event.