BTC Market Outlook: Focus on Powell's Speech at 2 AM Tonight

"The big one" is approaching again—Federal Reserve Chairman Powell will speak at 2 AM tonight, and the current direction of BTC market and the sustainability of this bull market are deeply tied to the Fed's subsequent actions.

The answers to the core questions hinge on two key points:

1. Will interest rate cuts be paused: This directly determines the short-term liquidity direction, which in turn affects BTC valuation logic;

2. US inflation and employment data: Both are the core basis for the Fed's policy adjustments, and the performance of these data will set the tone for policy direction.

From a long-term perspective, even if Powell currently leans hawkish, the implementation of loose policies remains a high probability event. If asset prices fall sharply, the demand for politicians to push for policy easing to stabilize the market will significantly rise, providing long-term support for BTC—many opinions still hold that it could reach $130,000, but short-term volatility is unavoidable.

Looking at the current market: $112,000 is not the bottom, the bearish strength is weakening, but the bullish side has not formed strong support yet, and overall it is still in a consolidation range, with no signs of a peak appearing. Judging from bearish momentum, it is quite difficult to break below $110,000; if it unexpectedly drops below, caution is needed as the market may dive down to the $90,000 range.

It is important to note that the historical pattern of "falling during meetings" still has relevance, and it is recommended to manage positions well, focusing together on the guidance from the news at 2 AM tonight. $BTC $ETH #杰克逊霍尔会议 #加密市场回调 #ETH质押退出动态观察