#BTC Currently, Powell's speech at Harvard indicated that there is no urgent need to address energy shocks for now, with interest rates remaining "neutral to slightly tight." Meanwhile, the Middle East situation is easing (the U.S. has announced a pause in military operations), and these dual signals have boosted market risk appetite.


Bitcoin rebounded from a low of $64,930.8 to $68,316.7, breaking above the EMA lines on the 4-hour chart, with a MACD golden cross, indicating short-term bullish momentum recovery. However, the US dollar index remains high, and combined with inflation and geopolitical uncertainties, the market may continue to fluctuate. Attention should be paid to further developments in Federal Reserve policies and Middle East tensions.
BTC-0,34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin