BitUnix analyst: The Republican Party supports the Fed's independent efforts to reduce political pressure, and expectations of a June interest rate cut are heating up. BTC is volatile, with attention paid to the 86K/83K key levels

律动BlockBeats
律动BlockBeats|Apr 21, 2025 08:35
BlockBeats News: On April 21st, Senator Kennedy expressed support for the independence of the Federal Reserve, emphasizing that the president has no authority to dismiss Powell and responding to Trump's statement that he could easily step down. This move helps alleviate market doubts about political intervention. According to CME FedWatch, the probability of maintaining interest rates (4.25-4.50%) in May is 86.8%, while the probability of interest rate cuts is only 13.2%; But the probability of a rate cut in June has exceeded 75%, indicating that the market is betting that the Federal Reserve may shift towards loose policies in the summer. BitUnix analysts suggest that the weakening of the US dollar and expectations of interest rate cuts are driving safe haven demand, and BTC continues to fluctuate between 86K pressure and 83K support, with long-term support at 76K. Investors are advised to pay attention to macro data, control risks, and seize potential turning points.
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