Powell stated that we can say he spoke partially hawkish due to the uncertainty in customs tariffs.

They indicate that they do not want to move quickly in the interest rate reduction policy due to uncertainties.

Powell mentioned that we could have thought inflation would decrease more if there were no tariffs. We do not want to take a step without seeing the effects of tariffs. He said we will make a wiser decision by waiting a few months.

Since the market does not like pessimism and uncertainty, the initial reaction was negative. Both the S&P 500 and the cryptocurrency side experienced a slight pullback.

Still, I think the overall tone of the speech was not excessively negative, and its impact will fade within a few days. Even momentarily, the effect was weak despite the statements.

On the Bitcoin side, the positive trend is already continuing, and the data continues to maintain its overall positivity.

Therefore, as long as the $100k support is maintained, I do not see a significant reason to be negative, friends. As long as the $100k support is held, the positive outlook will continue.