Although Bitcoin has been consolidating at a high level, I still dare not short it, as this week's main highlight remains the Federal Reserve's interest rate meeting. This time, the interest rate decision and the press conference will influence the direction of the cryptocurrency market. It is almost certain that there will be no rate cut in May — maintaining the current rate is the conclusion that everyone has already accepted. Furthermore, the economic data released last week was generally positive, giving the Federal Reserve more reason to remain on hold. Powell's tone may be neutral with a slight hawkish inclination.

The possibility of a rate cut in June remains high, but the main focus will be on Powell's speech: whether he can boost market sentiment. Because when such meetings bring about sentiment-driven boosts, they can usually support a bullish outlook for the next one to two months or even for the entire quarter. In the long run, I believe a major bull market is bound to come; it's just a matter of time. #美联储FOMC会议