Today's Federal Reserve meeting is overall neutral, with Powell reiterating that interest rate cuts depend on data. The dot plot still shows expectations for two rate cuts in 2025, which is better than some market pessimism, boosting the probability of a rate cut in September. He emphasized that geopolitical conflicts and tariffs are indeed raising inflationary pressures, but he believes the impact of oil prices is more short-term. The U.S. economy remains resilient, and the labor market has not shown urgency for rate cuts.

Regarding BTC, the turnover rate has slightly increased, mainly due to short-term investors responding to geopolitical risks, but the holding range of $93,000-$98,000 remains solid as a rock, indicating that the market is not in panic. The chips in the upper range of $100,500-$105,000 continue to accumulate, requiring vigilance against short-term risks from excessive concentration. The market's focus will soon return to the evolution of geopolitical situations.