The more Powell suppresses, the stronger Bitcoin becomes.
The thunder in the 'deep night', as soon as the press conference was held, Bitcoin fell sharply, with a drop of nearly 5% within an hour. Some market analysts joked, 'It seems Powell's statement is more effective than miners for Bitcoin.'
Although Bitcoin fell, many investors saw this as a great opportunity to buy at a low price.
Just a few hours after the press conference, a parody video spread rapidly online. In the video, Powell was edited to become a miner wielding a big hammer, crazily pounding the words 'decentralization' on the computer screen, with the voiceover saying, 'I am not a miner, I don't like Bitcoin at all!'
This dramatic 'Powell speech' not only failed to truly shake Bitcoin's status but instead became a topic of amusement for people. Perhaps his statement resembled an absurd play, a rare comedic performance in the modern financial world.
Old Powell's words subtly reveal a contradictory obsession: a person who claims to be 'insulated' from Bitcoin is so insistent on emphasizing his distance from it. This almost 'don’t mind me' attitude resembles a child trying to get attention.
In the future, when Bitcoin's price rises again, people may thank Powell for providing a rare 'boarding opportunity' for it. His name may become a footnote in Bitcoin's history - the one who tried to stay away from Bitcoin but inadvertently became its promoter.