The three major U.S. stock indexes closed mixed overnight, with the Dow up 0.28%, the S&P 500 up 0.03%, and the Nasdaq down 0.36%. Tesla fell more than 6%, falling for five consecutive days on a daily basis, hitting a new closing low since November last year. Fed Chair Jerome Powell testified before the Senate Committee on Financial, Housing and Urban Affairs to deliver semi-annual monetary policy testimony and answer questions from lawmakers. Powell reiterated that there is no need to rush to adjust interest rates, and remains focused on achieving the dual mission goal and will not change the 2% inflation target. There is an institutional Fed sentiment model that rated Powell's comments as slightly hawkish, but in the neutral range, Powell continued to "play Tai Chi": if inflation does not improve, keep interest rates unchanged; If the economy slows further, interest rates are cut. The CPI data at 21:30 tonight will provide a certain reference for the Fed's policy direction in the future, and the short-term will also have an impact on the cryptocurrency intraday!