Yesterday, the Federal Reserve's FOMC meeting unanimously decided to keep the interest rate unchanged at 4.25%–4.50%. The probability of a rate cut in June has also dropped to 23.8%. Meanwhile, Bitcoin suddenly started to perform well, breaking through the $99,000 psychological barrier with an almost 2% increase in a single day.
However, while risk assets received a short-term boost, uncertainty remains. BTC is currently suitable for observation, and one should pay attention to the psychological resistance at 100K and support at 94K. Next week's CPI and PPI data, as well as the progress of US-China trade negotiations, are critical. Everyone may consider diversifying with stablecoins or gold to hedge against volatility.