Federal Reserve Interest Rate Decision + Powell's Speech Double Impact!!!
Regarding the Federal Reserve's interest rate decision in May: Essentially holding steady (no change), Bitcoin is expected to rise sharply before pulling back.
Powell's Speech: Will he reiterate that there is no rush to cut rates and emphasize the independence of the Federal Reserve? Or hint at whether there are clues for rate cuts in June, July, or August, even though Trump has repeatedly criticized Powell? However, Sister Ying believes that it is unlikely to cut rates before September.
If there is a sharp rise from evening to early morning, one can short above $9.78, targeting around $95,000, with Ethereum following suit. $BTC