Fed Chairman Powell revealed new trends. The Fed does not need inflation to be below 2% before cutting interest rates. BTC's spot ETF continues to inflow more than $100 million. Is this good news or a warning?

Powell's remarks hinted at the Fed's flexibility in its interest rate cut policy, which is undoubtedly good news for the financial market. The CPI data will be released tonight, and market expectations are volatile. Tom Lee predicts that the CPI will fall sharply, pushing US stocks higher. However, the BTC market does not seem to be completely affected by this. Although it looks good, the road to rebound is not smooth. Factors such as the German government selling coins and large-scale transfers of BTC wallets in Mentougou may trigger market fluctuations. Therefore, investors should not blindly chase the rise when rebounding, but leave room to increase their positions when falling. Of course, don't go short now, so as not to miss the rebound opportunity.

From July to August, the financial market may face more challenges, and the battle of the Mentougou crisis is not over yet. Investors need to be patient and hold their coins to wait and see. $BTC