Market sentiment on Sunday is significantly better than on Saturday, BTC does not have systemic risk, the core remains the monetary policy game between Trump and Powell. Currently, Trump has secured three committee votes, coupled with Kugler's resignation and Williams' defection, the expectation for a rate cut in September has risen to 80%.
From the data perspective, inflation still has pressure but signs of recession have not emerged, the unemployment rate remains below the warning line, tariff risks are temporarily alleviated, and market sentiment is stabilizing. The decline in Bitcoin turnover rate indicates that panic has not persisted, and the follow-up will still depend on the movements of the Federal Reserve and Trump's camp.
