Bitcoin was influenced by the Federal Reserve's news last night, with the expectation of interest rate cuts in July rekindled. The emotions that had been stagnant for over a month were directly ignited, leading to a large bullish candle that pushed it up, reaching a new historical high of 112,000.

In contrast, the tariff stick from last night seems insignificant; the market has become numb to tariffs, and negative factors had no impact on the candlestick chart. Further announcements of tariffs will not adversely affect the market, but successful negotiations would be a positive factor.

The probability of a rate cut in July is virtually zero; the market has basically determined that it will have to wait until September. However, the Federal Reserve unexpectedly suggested that some officials are considering a rate cut in July.

Currently, bullish sentiment and positive news in the market are quite strong. It is important to pay attention to subsequent news. For today, wait for a dip to position for long trades, and follow the trend if a reversal occurs.