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After Bitcoin falls below 80k, the whole network is waiting for one man: Powell
Last night, the busiest person in the crypto world wasn't a trader.
It was Powell.
Because right now, all assets are waiting for the same answer:
"Exactly when will the Federal Reserve cut interest rates?"
At this moment, the Middle East is causing trouble again.
After the conflict in the Strait of Hormuz escalated, oil prices surged instantly.
The market started to worry: if energy prices rise again, will U.S. inflation spiral out of control?
So Bitcoin took the first hit.
But interestingly, market sentiment is now extremely extreme.
Many people are starting to shout "The bear market is coming," but historical experience tells us:
Every time the entire network begins to despair, a rebound is often not far behind.
Especially around 80k USD, which is inherently an ETF capital-intensive zone.
Many institutions actually prefer to buy low in panic rather than chase high.
Tonight’s non-farm payroll report will be the key turning point.
Weak data = hope for rate cuts returns = Bitcoin rebounds;
Strong data = continued high interest rates = Bitcoin remains under pressure.
The most magical part of the market now is:
Everyone no longer cares about whether the economy is good or not,
They only care whether the Federal Reserve will loosen monetary policy.
So tonight’s data is essentially a "liquidity vote."
Can Bitcoin return to 80k?
The answer may not be on the chain,
But in the U.S. Department of Labor. #美伊冲突再升级