Tonight, don't insist on a single-sided move; it's more likely to be a short-term pattern of both bulls and bears being wiped out. The core isn't about the direction but about volatility.

The market is simultaneously trading inflation expectations and interest rate cut prospects, while digesting changes in the Federal Reserve's internal communication mechanisms. This combination can easily amplify emotions, with the market swinging back and forth, making chasing rallies and panicking on dips both unwise.

The focus remains on tonight's first appearance of Powell at the interest rate decision meeting. This "newcomer + key event" means the market won't easily give a clear trend, only repeated expectations. Every statement will be magnified and interpreted: whether to continue high rates for longer or to start easing.

In this situation, it's usually not about setting a direction but about shaking out positions. A quick push, a sweep, then a pullback—clearing out the uncertain chips back and forth.

If you can't get the rhythm right or are afraid of being swept back and forth, there's still room on Tongge's boat, and it's very stable. $BTC $ETH #加密市场延续反弹