# If Powell signals a dovish stance (such as hinting at a faster pace of rate cuts), it will boost risk asset appetite, weaken the US dollar, and BTC is expected to break through the current $67,558 level, rebounding above $70,000; if his remarks lean hawkish, then the dollar and US Treasury yields will rise, suppressing cryptocurrencies, and BTC may once again test the $65,000 support level.

Currently, the 4-hour BTC chart shows the price stabilizing above the EMA moving averages, with a MACD golden cross, indicating a short-term bullish bias. However, speeches will become a key variable, and sharp fluctuations before and after the remarks should be watched carefully.