According to Wu, QCP Capital said that the market may see price fluctuations after digesting the fundamentals of several macro events that occurred this week, including the US PPI and Powell's speech on Tuesday, the CPI and retail data on Wednesday, and the unemployment benefit application data on Thursday. Given the strong rebound from last week's lows, 60k seems to remain a strong support level unless there are any hawkish surprises. Although the spot market continues to consolidate while the market receives more clear information from the Federal Reserve, Bitcoin remains structurally bullish.