U.S. stocks opened higher in the evening and continued to rise. Bitcoin has not seen much movement in the evening, remaining in a sideways consolidation. As the countdown approaches, the Federal Reserve will announce its interest rate decision at 2 AM, which is expected to keep rates unchanged.
At 2:30 AM, Powell will hold a monetary policy press conference. Due to the impact of the tariff war, Powell faces unprecedented pressure to cut rates. If Powell hints at a rate cut in June, market optimism will rise, and Bitcoin is expected to surge towards $100,000; if he adopts a hawkish stance, it may drop to around $92,000 to $93,000.
Based on his past speaking style, Powell is unlikely to provide clear directional guidance. Before and after the data release, there will be a flood of comments and speculation. Be mindful of large capital flows as market volatility may be significant during the early morning, and everyone should maintain good risk control!
