According to CoinMeta, Michael Contopoulos, the head of multi-asset macro investment at Janus Henderson, stated that the market is approaching a peak, but it is impossible to determine when the cycle will turn. He discussed the recent rise in interest rates and the health of the U.S. economy in the Fast Money program on CNBC. On September 16th, the Federal Reserve decided to raise interest rates by 25 basis points with a 12-0 vote, raising the rate range to 3.75% to 4%. At the same time, concerns about inflation triggered by rising energy prices have also led to an increase in yields. Traders estimate that the probability of a rate hike in October is around 71%. Contopoulos pointed out that healthy corporate profits and the broadness of the market do not constitute red flags. He also mentioned that as of the week ending September 19th, the number of unemployment claims had dropped to 197,000, the lowest level since 1969. However, he is cautious about the timing of a market turnaround, suggesting that it could occur within three months, six months, or twelve months.