The recent market is opened at night! And it fluctuates back and forth, up and down, down and up!

Hovering around the original position without much fluctuation!

Overall, the previous thunderstorm incident has brought a great impact on the market, and the market sentiment has been very low until now! Judging from the trend, there is also great pressure to rise!

The market plummeted after the interest rate hike last Thursday, and the market's upward trend has been suppressed!

Interest rate hikes, the U.S. debt ceiling, and bankruptcies have a huge impact on the market! The future direction of the market depends on the news from the Federal Reserve!

This Wednesday, the Federal Reserve Chairman submitted the central bank's semi-annual monetary policy report to the House of Representatives and attended a hearing of the House Financial Services Committee and a hearing of the Senate Banking Committee on Thursday.

Powell will face questions over the Fed’s decision to pause interest rate hikes after 10 straight increases as it assesses how the economy is coping with higher borrowing costs and stress in the banking sector.

What impact will this news have on the market?

The market needs to recover. There is still some time before the Bitcoin price is halved, and the real bottom has not yet arrived!

Then the market still needs to continue to be active!