The current market enthusiasm is mainly derived from the easing of geopolitical tensions, as well as the slightly optimistic statements from Federal Reserve Chairman Powell and other officials regarding interest rate easing. However, this year, the macro factors driving market sentiment have clearly weakened, and whether positive or negative news typically only sustains its effect for about a week. As we enter a new week, the market often needs new "driving points." This means that BTC must quickly challenge the key resistance level of 108,900 this week!\n\nThe core of future trends still depends on the Federal Reserve's interest rate cut signals. Although improvements in the Middle East situation provide some support, their impact is not enough to push the market into a bull market. What truly ignites market enthusiasm is the expectation of interest rate cuts. If Powell takes a tough stance and the expectations for rate cuts are dashed, the market may only maintain fluctuations or even retreat; conversely, if Powell releases a clear signal for interest rate cuts, BTC is expected to break through 110,000 and hit new highs!\n#加密市场回调