It was another sad day. Although the daily work was not complicated, it was very upset. It was not because of the price drop, but because of this "no nonsense disaster". Now we can't even see the end time. Previously, Trump clearly said that it could be ended before his visit to China. But now it seems that if it was still the original time in mid May, it would not be easy to stop. The main reason is that Iran, unlike Venezuela, was honest after decapitation. Although decapitation was also successful, the trouble was not over. Today, the price of American oil finally surged to $100. Although it peaked at $117 on March 9th, it fell within a few hours. However, the market not only does not believe that it will fall, but also believes that oil prices have a chance to break through $150 or even higher. This indicates that the end of the short-term war is not optimistic. Today, Powell attended an event and gave a speech, expressing the same concerns as after the interest rate meeting. The Federal Reserve is trapped in a dilemma, as there are both downward risks in the labor market and upward risks in inflation in the United States. This indicates that the Federal Reserve is very cautious about adjusting interest rates, and the market generally believes that the Fed will cut interest rates at most once in 2026. For US debt, Powell believed that the total amount of US debt has not reached the unsustainable level, but its current trajectory is unsustainable. Although it is not the responsibility of the Federal Reserve, if it is not handled as soon as possible, the results may not be optimistic. He also expressed concern about private credit, believing that private credit is only a relatively small part of a very large asset pool, but the Federal Reserve is still concerned. Back to Bitcoin's data, although the war continued, the US oil continued to rise, short-term investor sentiment continued to decline, and BTC's price continued to decline. The war in Iran is now BTC's biggest shackle, but after the war ended, there are still many shackles waiting, and most of these shackles are from Trump. Bitget VIP， Lower rates and more generous benefits