Bitcoin’s bands have appeared again, currently in an intraday trend, with both the 1-hour band and the 4-hour band continuing to tighten, indicating that a breakout with higher volume is coming soon. What matters is whether the two key fundamentals hold tonight; tonight’s two events will directly affect Bitcoin’s short-term direction:

1. Wang’s speech: He is a market sentiment amplifier. If he talks about rate cuts/tariffs (positive), or threatens to dismiss Powell (negative), volatility will be highest when the remarks are released, so watch out for sudden needle-like spikes.
2. Wosh hearing: This is the regulatory watershed. If the nomination is approved, it’s a mid-term positive (the first chairman who understands cryptocurrencies); if it’s blocked, it’s a short-term negative.
#比特币反弹 $BTC $ETH