bitcoin:native This week, what truly determines BTC isn’t the crypto market—it’s Wall Street. A lot of people are still debating whether Bitcoin can break through. What I’m more concerned about is: can AI continue to support global risk appetite? This week, the market will face two major events: the Fed’s interest rate decision and earnings reports from tech giants like Microsoft, Meta, Apple, and Amazon. This isn’t just an ordinary earnings week—it’s a dual test of global liquidity and AI valuations. Recently, BTC has managed to hold around $65K, performing better than some AI-related stocks. But the real issue is that there hasn’t been a clear inflow of funds—futures positions and buying momentum remain weak. Here’s my take: If the tech giants continue to prove that AI capital expenditures can translate into profits, and the Fed signals a more dovish policy stance, BTC could see a new wave of capital allocation. But if AI earnings fall short of market expectations, even if BTC shows short-term resilience, it’ll be hard for it to independently kick off a major rally. In this market, it’s not about who rises first—it’s about which asset can consistently attract global capital allocation. Over the next few days, I’m not focusing on whether BTC will rise, but whether Wall Street will regain confidence in AI. Because only when risk appetite rebounds will BTC have a better chance at a true breakout.