Is there still a chance for Bitcoin? Recently, the Federal Reserve's stance has changed.

What does Chairman Powell's recent speech reveal? The core points are twofold — current interest rates are 50 to 100 basis points above the neutral level, and as soon as inflation eases, rate cuts could be initiated. He also emphasized a detail: employment growth has basically stalled, and inflation is unlikely to rise again. The implicit message is that the Fed should consider cutting rates. But he also made it clear that the pace of rate cuts will be "moderate" and not aggressive.

The market's reaction was very direct. After the news came out, the dollar depreciated, and Bitcoin followed suit. Investors are betting early: the days of liquidity easing are near. In the medium to long term, this indeed bodes well for risk assets like cryptocurrencies. More money means higher risk appetite, and funds naturally flow in this direction.

However, it's important to note that rate cuts won't happen overnight. The process will likely involve ups and downs, and market volatility is inevitable. If you want to seize this opportunity to position yourself, it’s recommended to enter gradually and avoid going all-in at once. Stay cautious, follow the trend, and this will reduce your risks.