Trump is under considerable pressure now and urgently needs the Federal Reserve to cut interest rates to align with his policies. He lashed out again yesterday, criticizing Powell for missing the opportunity for the U.S. to have the lowest interest rates globally. Vice President Vance also joined in, saying the Federal Reserve is completely asleep, lagging on anti-inflation measures, and dragging its feet on interest rate cuts. According to

The Wall Street Journal, Trump may use the issue of funding for renovating the Federal Reserve building to try to impeach Powell and force him to lower rates. However, Powell is unlikely to acquiesce, and impeachment is not that easy. The best outcome would be a smooth rate cut in September, but Powell may face attacks from Trump's team at a press conference, so it will be interesting to see how he responds. As for whether a rate cut decision will be announced on July 30th? Probably not.

Pay attention to tomorrow night's CPI data at 8:30 PM. If it's a significant negative, watch for a shift in market positions. If it's a significant positive, this rally may have anticipated this news. Personally, I believe the CPI results are unfavorable for bulls. The volatility in the next couple of days will be substantial. #BTC突破12万大关 #BTC再创新高 #美国加密周