The next two major events will almost occur simultaneously, potentially profoundly impacting the volatility of the entire crypto market.

First is the U.S. Supreme Court's tariff ruling, which will be announced at 10:00 AM Eastern Time. According to Polymarket's forecast data, there is a 71% chance that the Supreme Court will rule that Trump's tariff policies are illegal. Once the ruling is confirmed, the market will inevitably focus on the over $600 billion tax refund topic, which will undoubtedly trigger intense short-term uncertainty. Market participants' expectations will be completely rewritten.

Second, three Federal Reserve Chairmen are about to deliver speeches. Considering the ongoing investigation surrounding Powell, every word in these speeches is worth paying attention to. Subtle shifts in tone, new policy signals, and even small details in phrasing could reverse market sentiment and capital flows. If there is an adjustment to interest rate policies, the ripple effects will spread throughout the entire market.