I entered the cryptocurrency industry in 2017, and at that time, there was no need to look at the macro to speculate. Even in the previous cycle, I remember few people would incorporate macro analysis into their trading system. But this cycle is different, as the overall trend of BTC is closely related to macroeconomic factors such as US economic data, Federal Reserve monetary policy, and US dollar market liquidity. It also forced us to speculate on a coin, but in the end, we accidentally became a comprehensive scarce migrant worker who not only "understands" macro, but also "understands" K-line, and even "looks at the chain". Today, after reading many teachers' interpretations and analyses of yesterday's interest rate meeting and Powell's speech, combined with recent data changes that I have observed, I cannot help but ask Brother Wu @ qinbafrank to clarify my personal understanding and rough prediction of the basic direction for 2026. After obtaining a compatible viewpoint, one's inner self becomes more calm and composed. ---------------------------------------------- This article is sponsored by @ Bitget | Bitget VIP， Lower rates and more generous benefits