
$Mara(MARA.US)$Coinbase(COIN.US) Today is the most critical day. Recent months' data has pushed U.S. interest rate cut expectations to the limit. Will Powell hint at possible future rate hikes today, or will he still believe the current stance is restrictive, with the only question being when to cut rates? Historically, Powell leans toward rate cuts but lacks justification. The probability of directly opening the door to rate hikes is extremely low. Bitcoin is at the most delicate technical stage today. If it can recover to $60K tonight, it would break the descending wedge and potentially reach new highs. But if it continues to fall, the next support level is at $52K, leaving significant downside risk.
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