#美国消费者物价指数发布在即 $BTC $ETH $BNB

JPMorgan's recent comments have once again taken away a psychological support for investors optimistic about a slow bull market — expecting the Federal Reserve to stay on hold until 2027, and then possibly turn to rate hikes. It does sound quite pessimistic. But if you look back at history, you'll find an interesting pattern repeating itself.

In 2023, the Fed was aggressively raising interest rates, yet BTC surged from 15,000 to 30,000. What does this tell us? It indicates that the true drivers of the market are not the interest rates themselves, but the underlying capital flows and market narratives. As long as these two things remain unchanged, pure policy signals cannot fundamentally shake the overall trend.

Applying this logic to 2026: if BTC has completed its bottoming process, then the risk of rate hikes in 2027 has essentially been priced in. Liquidity will indeed flow, but the trend will never change direction based on a single indicator. The core of this market cycle is still there, waiting to be activated.