Will this week's Federal Reserve meeting disrupt the market?

Next, the market's focus will turn to the Federal Reserve's interest rate meeting this Thursday. The market currently broadly expects no rate cut in May, and there might be a chance for a cut in June. Therefore, it all hinges on what Federal Reserve Chairman Powell says. Every word he utters, even the slightest change in tone, could be magnified by the market. If Powell maintains a tough stance and continues to send hawkish signals about keeping interest rates high, the market may plummet. If he softens his tone and hints at a possible rate cut in the future, the market may soar. If he is ambiguous, the market might initially surge and then crash.

In summary, considering the current market conditions, a rise may face significant challenges. Even if it does rise, the upside is quite limited, as the highest rebound price has already reached 97,900, leaving little room before hitting the significant 100,000 mark. On the contrary, I lean towards a healthier correction. As for why there hasn't been speculation leading to a surge with Ethereum's official upgrade on May 7th??? I don't know, could it be building momentum? For example, today's slight rebound looks somewhat strong. #美国稳定币法案 #比特币战略储备 #加密市场回调