BTC surges to 92,500?, but don't get too optimistic yet

The recent rise in BTC is most likely related to Powell's criminal investigation.

But this is only a sentiment-based positive, and does not mean Powell will step down immediately.

Even if a new Fed chair takes office, it doesn't necessarily mean aggressive rate cuts will follow.

The layoffs predicted in a Goldman Sachs report may have already begun.

On January 12, Goldman Sachs once again forecast that the U.S. economy will experience strong growth and moderate inflation by 2026, with the Federal Reserve cutting rates two more times, by 25 basis points each in June and September.

After all, the current contradictions in the U.S. economy are between economic growth and employment, and between inflation and employment.

The key to the economic and employment contradiction is AI, but rate cuts may not significantly improve employment. Because after rate cuts, companies can still channel the additional liquidity into AI rather than labor.

In fact, too rapid a pace of rate cuts may be detrimental to inflation.

Trump is very skilled at guiding expectations, from tariffs to BTC strategic reserves, and recently to Venezuela's impact on oil prices... The market is often driven by Trump's over-anticipated expectations.

There is also a similar trend with the change of the Fed chair.

Advising crypto enthusiasts to stay cautious. $BTC #特朗普关税裁决临近