#鲍威尔发言

On June 20, 2025, Federal Reserve Chairman Powell's hawkish remarks had a significant impact on the cryptocurrency market. He maintained the interest rate at 4.25%-4.50% during the FOMC meeting and lowered the expectation for interest rate cuts in 2026, emphasizing a "data-driven" policy stance, which the market interpreted as a hawkish signal. As a result, Bitcoin (BTC) fell back to $105,124, with the short-term volatility range narrowing to $103,000-$108,000, while technical analysis focuses on the critical support level at $105,000. Market risk aversion has increased, with gold rising, while the overall crypto market corrected, with Ethereum (ETH) down 0.5%, and Cardano (ADA), Solana (SOL), among others, down over 2.5%. Institutional funds continue to flow into Bitcoin ETFs, indicating a willingness among medium- to long-term investors to buy on dips. Geopolitical factors (Middle East situation) and uncertainties in Federal Reserve policy are jointly influencing short-term market trends, and investors need to be cautious of volatility risks.