Although Powell continued to say that he would not cut interest rates in advance, which caused Trump's dissatisfaction, the independence of the Federal Reserve was still hard to shake. In contrast, the marginal impact of tariff issues on the market is weakening, and risk assets are gradually immune to trade frictions between China, the United States, and Europe. BTC is currently stable around $85000, with good market sentiment and a decrease in turnover rate indicating that short-term funds are mainly on the wait-and-see side. It is worth noting that the $83000 region has built a rare strong bottom, while high-level holders ($93000-98000) remain exceptionally stable, reflecting the market's high expectations for BTC in the medium to long term. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex