Early morning interest rate meeting

Interest rates meet expectations

However, Powell's speech is hawkish

Indicating that inflation is likely to come from tariff impacts

Before the tariffs are fully implemented

The Federal Reserve will not plan to cut rates in September

Hawkish remarks led to a market drop

$BTC dipped to 115700 $ETH dipped to 3670

Neither broke the support levels given yesterday

Then returned to the range of fluctuations

The supporting funds are still strong

But breaking new highs is not that easy

It requires stronger positive news as a catalyst

Otherwise, it can only continue to fluctuate within the range

From the early morning support, it seems that the big players are also waiting for news

According to Powell's current statement, if tariffs are stable, then a rate cut may happen in September