Powell's speech boosts economic resilience + US-UK tariffs stimulate market and ease concerns about tariffs + Weekend US-China-Switzerland meeting + Federal Reserve increasing Treasury holdings releases some liquidity

The bullish sentiment this week will extend until the conclusion of the US-China-Switzerland meeting, unless significant positive news from negotiations emerges; otherwise, next week, bulls will need to find a new 'anchor'

After all, the macro concerns we currently face still exist

Subsequent data will determine whether the economy is resilient enough + Federal Reserve continues to maintain high interest rates + Rising US Treasury yields trigger potential crises / Increased difficulty in government financing / Increased government debt interest payments

Therefore, I believe that whether to judge the arrival of a major bullish wave or a reversal still requires reorganization and judgment next week, and it also depends on whether BTC prices can achieve a key breakthrough

After all, BTC is facing its historical high point, and during this process, the selling pressure from turnover will also increase; whether it can break through new highs, I believe it requires better external positive sentiment stimulation

Currently, I clearly feel that the likelihood is insufficient, so I remain cautious about a reversal and will observe next week