
Phyrex|May 07, 2025 08:46
The current upward trend of BTC is still driven by external factors. For example, the reason for this morning's rise is that Asian partners learned about the approval of Bitcoin's state strategic reserve, and with the promotion of domestic and foreign media, there was a certain FOMO sentiment. But next, there will not only be the Federal Reserve's interest rate meeting, but also the auction of 30-year US Treasury bonds.
The former has a greater impact. Powell's dove or hawk is crucial. From my personal understanding, the probability of Trump continuing to shake the pot this time is very high, and GDP and non-agricultural data will bring resilience to the U.S. economy, stimulating the rise of the risk market, but inflation has not continued to decline, which does not rule out the possibility of Powell continuing to hit the market.
There is also a probability that 30-year US Treasury bonds will continue to extract liquidity from the risk market, so personally, I maintain a cautious and optimistic attitude at present.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink