Last night, the Federal Reserve held a meeting, and the signals released were relatively neutral, showing neither a clear bullish tendency nor demonstrating adverse factors. During the meeting, there were differing opinions on the direction of monetary policy; some supported a rate cut in July, believing that the current economic situation requires such stimulus measures to promote growth, while others advocated for patience, suggesting that they continue to observe economic data before making decisions.

During this time, the President has frequently criticized Powell, which indirectly reflects his strong dissatisfaction with the Fed's no rate cut policy. As President, he holds many political resources and influence, and he will surely try every means to apply pressure on Powell, even possibly pushing Powell to resign early. With the topic of rate cuts back on the agenda, the instability of the global political situation is also intensifying, further increasing market uncertainty.

Previously, we analyzed that after the passage of the American 'Too Big to Fail' act, US Treasury bonds faced a selling situation, and the funds flowing out of the Treasury market would inevitably seek new investment directions, a portion of which is very likely to flow into the BTC market. In the United States, more and more people have realized that the current $SOL