Shocking! Tonight's speech by Powell will determine the market's fate, and interest rate cuts are almost hopeless!
Tonight, the possibility of the Fed cutting interest rates is nearly zero, as increased tariffs have led to runaway inflation, and Powell will definitely not take rash actions. However, the real market storm will erupt when he speaks!
Powell's speech will determine three major directions:
Dovish (bullish): Hinting at a rate cut in June or July may trigger a surge in Bitcoin!
Neutral (volatile): If he says 'we'll decide based on the data', the market will first drop and then move sideways, waiting for more signals.
Hawkish (bearish): If he emphasizes 'inflation is too high; we need to be patient', Bitcoin may crash.
Tonight's market will be completely determined by a single word from Powell; it's time to decide whether to reduce positions in advance or set stop losses, and prepare for changes!