Tonight (20th) at two o'clock in the morning, Powell's remarks determine the 'life and death' of the cryptocurrency world!
Global casino owners are collectively fixated on Powell's upper lip.
He says "absolutely no rate cuts," while secretly betting on a rate cut in June FOMC.
(Traders bet on three consecutive cuts, experts only dare to bet on two.)
There is a 75% probability of a hard landing for the economy!
In layman's terms: "If there are no rate cuts, everyone is going to the rooftop to blow the northwest wind!"
Old Trump is also a troublemaker, getting rid of Powell is an open power struggle, accepting a new vice-chairman to supervise this old man.
Guys, tighten your belts and keep your bullets ready to buy the dip.
If interest rates remain unchanged and the tone is dovish.
Scenario: If Powell hints at possible rate cuts in the future (for example, due to slowing economic growth or manageable inflation), the dollar may weaken, and risk assets like Bitcoin may receive a boost.
Impact: The crypto market may see a short-term rise, especially Bitcoin and major coins, as rate cut expectations usually favor high-risk assets.
Emphasizing inflation risks, and a hawkish tone.
Scenario: If Powell expresses concerns about inflation caused by tariffs and hints at possibly delaying rate cuts or even considering rate hikes, the dollar may strengthen.
Impact: The crypto market may come under pressure, Bitcoin prices may experience a correction, and investors may shift to safe-haven assets.
