Today's Federal Reserve meeting is generally considered neutral to dovish:

Powell didn't say much, but the core message hasn't changed: whether to cut interest rates depends on the data.

The dot plot continues to expect two rate cuts in 2025, which is slightly better than the market's previous concerns of 'possibly more hawkish', directly driving up the probability of a rate cut in September.

He also mentioned several key points:

• Geopolitical conflicts and tariffs will bring inflationary pressures, but the Federal Reserve judges: this is a short-term disturbance.

• The impact of oil prices is limited and will not shake the policy rhythm.

• The U.S. economic fundamentals are stable, and the job market hasn't shown signs of trouble, so there are no compelling reasons to cut rates.

Regarding Bitcoin, some feedback was also provided:

• The turnover rate has slightly increased, mostly due to short-term capital responding to geopolitical uncertainties.

• However, the range around $93,000-$98,000 remains stable, with no obvious panic.

• The accumulation of chips around $100,500-$105,000 is gradually increasing, and this position poses short-term pressure, so be cautious of the pullback risk due to concentrated chips.

Next, the market focus may shift from the Federal Reserve back to the evolution of geopolitical situations. Interest rate guidance is a calming factor, but what affects price volatility is still capital and sentiment.

Summary:

The Federal Reserve stood pat, the market didn't collapse, and BTC didn't panic.

The overall environment is not bad, but those wanting to get in shouldn't be too eager; timing is more important than direction.