At 2:00 am tonight (May 8th 02:00), the Federal Reserve will announce its interest rate decision and is expected to maintain interest rates unchanged.
At 02:30 in the morning, Powell will hold a monetary policy press conference. Affected by the tariff war, Powell is facing unprecedented pressure to cut interest rates. If Powell hints at a rate cut in June, Bitcoin is expected to sprint towards $100000; If leaning towards hawks, it may drop to 92000. Referring to his previous speaking style, Powell is unlikely to provide clear direction guidance.
Before and after the data is released, the market fluctuates greatly, please take good risk control measures!