Geoff Kendrick from Standard Chartered Bank pointed out in a report that if the market's concerns about the independence of the Federal Reserve persist, Bitcoin could rise to a new historical high. He stated that due to Bitcoin's adoption of decentralized ledger technology, this cryptocurrency serves as a hedge against the risks of the existing financial system. Currently, U.S. Treasury bonds are facing risks as Trump hinted at potentially replacing Federal Reserve Chairman Jerome Powell due to hopes of interest rate cuts, and this situation is becoming evident. Kendrick mentioned that the yield premium required by investors for purchasing long-term Treasury bonds compared to short-term bonds has sharply increased, benefiting Bitcoin in the process. According to data from the London Stock Exchange Group (LSEG), Bitcoin has risen to a six-week high of $90,459. Standard Chartered Bank expects Bitcoin to reach $200,000 by the end of 2025.

European Central Bank President Lagarde: I don’t think Powell will be removed.

Odaily Planet Daily reports that European Central Bank President Lagarde stated, "I don’t think Powell will be removed. Both Powell and I are accustomed to political pressure, and I have great respect for them," adding that inflation expectations are very stable, anchored around 2%.

Currently, the market outlook is positive, with U.S. stocks opening high and rising further in the evening. However, due to tariff delays and Trump's call for interest rate cuts, the Federal Reserve's firm stance to withstand pressure has led to a market sentiment that has somewhat eased as Bitcoin surged to 90K, but consumer confidence has not significantly improved. After all, before the situation is fully settled, people are concerned that the upward movement may just be a temporary illusion.

Yumi believes that although the overall situation is undecided, Bitcoin has gradually begun to detach from its binding to U.S. tech stocks, confirming its dominant position based on the current news. The short-term increase is expected to continue, with resistance levels seen at 920/1750 and support levels around 875/1620. In terms of operations, it is still advisable to adhere to the principle of quick entry and exit, and to be cautious about short-term pullbacks before any major events without significant worries.