I turned off the air conditioning before bed, and as a result, I woke up hot in the middle of the night. I opened my phone and saw that $BTC had broken a new high of 112,000.

On Monday, I noticed that BTC was gathering strength to break through 110,000, but the trading volume was quite sluggish, and there wasn't any particularly special news to drive the price up. So I kept adding to my position, and by yesterday, just before the U.S. stock market opened, it was less than 300 USD away, but it still couldn't break through. After the U.S. stock market opened, there were several attempts to rise, but liquidity suppression made the upward movement very weak.

There is a Federal Reserve meeting early Thursday morning. I'm not going to gamble, and I can't wait any longer, so I cleared my positions before going to bed and made a small short trade.

I quickly glanced at the meeting minutes, which contained the vague message that "a few participants indicated they would be willing to consider interest rate cuts at the July meeting if the data develops as expected," along with the usual statement that "the reason for not cutting rates is the concern over the persistent inflation risks brought by tariffs."

It's not really a special positive news, it's vague, and July was originally expected to have a high probability of not lowering interest rates, but it seems we have underestimated the American people's love for BTC. The ability of the American people to react to rumors is such that any angle can be used to hype up good news about Bitcoin, haha!

With the news, BTC quickly burned the shorts with a big bullish candle, directly breaking the historical high, and the ancient whales of ETH haven't had time to come out and sell off, pushing it directly to 2800. The trading volume on weekdays finally looks normal.

In summary, we just hope that BTC can stabilize at 110k, allowing the overall level to rise a bit, and our bull market will last a little longer hehe😁