1) Trump's first meeting with Powell since taking office; Trump demands interest rate cuts, while Powell emphasizes that there needs to be an agreement on tariffs or their cancellation for rate cuts to be possible. (Neutral)

2) Regarding the court's enforcement of Trump's tariffs, personally I see little use in it, as it won't affect much, because Trump can still increase tariffs through other means. (Neutral)

3) New conflicts between China and the U.S.: 1) Trump revokes Chinese student visas 2) Upgrade of chip restrictions against China (Negative)

4) Preparing to sanction Russia; whoever buys their oil will have their counterpart's sanctions raised to 500% (Bluster, Negative)

5) FTX releases $5 billion in compensation (Positive)

Pay attention to tonight's 20:30 PCE data, which is positive for U.S. stocks, but it's unclear if BTC will follow.

A few days ago, I mentioned that BTC would retest the 106666 position, which has been achieved; ETH reached 2558 this morning, which is somewhat away from my target of 2520, so it is considered not achieved.

I also illustrated the daily trend of BTC for everyone; it has already broken below the daily trend, and if it doesn't return above 106000 by the end of the day, the downward trend will continue.

Short-term market outlook: (Expected to complete in 3 days)

Current BTC price: 106100, looking for 101000, resistance at 108888

Current ETH price: 2640, looking for 2508, resistance at 2688

Breakthrough resistance ineffective

From a medium to long-term perspective (around mid-June), it belongs to the medium to long-term category, with a high probability of fluctuations in between, but looking for a pullback to the target level here.

BTC is likely to pull back to around 98888.

ETH is likely to pull back to around 2150.

To briefly discuss the issue with ETH, the current large player's price for ETH is around 1900-2000. The probability of returning to 2000 is very low.

Therefore, partners holding spot can consider adding to their positions again near 2150.