The interest rate cut meeting in the early morning has landed, and it remains unchanged. This matter has been known to both the market and institutions for a long time, so the volatility won't be too large. The most important part is the speech, which later mentioned the increasing risks of inflation and unemployment. It is clear that old Powell is directly opposing Trump! In a nutshell, the current inflation and economic decline are all caused by tariffs, which directly counters Trump!

Next, we will see if June will fire the first shot of interest rate cuts. Today, Bitcoin has also broken through, getting very close to the 100,000 mark. If it breaks through, the next target will be the 102,000-105,000 range, with basically no pressure.

Regarding the subsequent market, I personally feel that if Bitcoin wants to break through the 100,000 barrier, it will need a short-term pullback, around the 97,500 level. If it pulls back to this position, long positions can be entered. If the price directly breaks through 100,000, then we need to pay attention to the high points in the 102,000-105,000 range to take a low-leverage short position! The stop-loss should be placed directly at 106,000!

As for the second one, there is nothing much to say, still weak as always, but it has some playability, especially for contract traders. The volatility in the past few days has allowed them to profit by going up and down, and they should be quite satisfied. Next, we will see if the 1980 level can be broken; otherwise, there is a significant risk of a pullback!