The latest statements from the Federal Reserve are worth paying attention to. From a policy perspective, the likelihood of a significant rate cut in the first half of 2026 does not seem high, which means that the market's liquidity expectations are unlikely to change in the short term. For the cryptocurrency market, this kind of capital pressure will be a long-term issue.

However, from another perspective, Bitcoin's recent correction may not be as pessimistic. It is more like a technical pullback. Looking at historical patterns, whenever Bitcoin breaks through psychological levels like 10@E5@ thousand dollars, a normal retracement of around 20-30% usually follows. This kind of volatility is actually a natural reaction of the market to digest growth expectations, rather than a signal of trend reversal.