Powell's firm stance is a clear response to political pressure. In the short term, it will indeed increase market volatility, but in the longer term, it actually reinforces Bitcoin's status as a non-sovereign asset — which is the underlying logic of the entire crypto market.



However, the key now depends on tonight's 21:30 CPI data. The market is currently in a strange calm period, with both bullish and bearish funds gathering around the Bitcoin support level of 91,000-92,000. The short-term resistance is at 92,500. Only after the data is released can we see the subsequent direction clearly.

There are only two scenarios: if the CPI is truly below expectations, the expectation of rate cuts will reignite, and increased liquidity will definitely be positive for Bitcoin, potentially breaking through the resistance above. But if the CPI exceeds expectations, the tightening ghost will return, and risk assets will face a wave of correction.

My personal advice is: be honest and wait-and-see now, don’t try to heavily gamble before the data is out. Once the data is released and the direction is clear, choosing the right moment to enter is more important than anything.
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AirdropDreamBreakervip
· 10h ago
Powell is getting more assertive, but isn't this actually good news for BTC... Wait, don't move yet, tonight's CPI is the real key. --- The 91,000-92,000 level is too tightly defended, both bulls and bears are holding their breath, it feels like a breakout could happen at any moment. --- I just want to ask, what if the CPI comes in higher than expected again? Wouldn't that mean another drop... --- Let's just wait and see. Anyway, I don't dare to go all-in before the data is out. Risk assets really can't handle too much turbulence. --- If liquidity increases, then push to 92,500. The logic makes sense, but only if CPI cooperates. --- I like the idea of non-sovereign assets, but we have to see that day come to pass, right?
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BlockchainGrillervip
· 01-13 13:54
Damn, I have to stay up late to check the data again... Can 92,500 really be broken? It feels uncertain. Wait, is the expectation of interest rate cuts reliable? What happened to the supposed tightening? Honestly observing patiently, it's easy to say... People with impulsive tendencies simply can't do it. Powell's combination of measures is indeed fierce. The logic of non-sovereign assets still holds up. The current calm is indeed strange, feeling like the calm before the storm. Better to be cautious.
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GasGasGasBrovip
· 01-13 13:52
Well... so now it's just waiting for the data moment. I'm just sitting here watching the show. The 92,500 level is really a hurdle. Pretty much. Instead of panicking now, it's better to wait until the CPI comes out. Anyway, Bitcoin can't run away. Powell's tough stance was tough, but this time both bulls and bears seem a bit tired. Everyone is staying at 91,000, and no one dares to make the first move. Honestly, if interest rate cuts really happen, that would be great. When liquidity increases, non-sovereign assets become the winners. But the fear is that CPI might hit back with a reverse shock. The key moment still depends on tonight's data. Currently, those going all-in are gambling, and I won't do that.
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StableGeniusDegenvip
· 01-13 13:48
Powell is firm, but we've long been used to it. The term non-sovereign assets does hold water, but it's still too early to say that... The real show is at 21:30. Once the CPI data is out, the entire market will become clear. Just sit and wait for the data. Anyway, I don't want to surf and lose money during this strange calm period.
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¯\_(ツ)_/¯vip
· 01-13 13:31
It's the same routine again, every time before the CPI we have to hear "wait and see"... The ones who are truly making money have probably already laid low.
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