Why did it drop like this?

Last night, the Federal Reserve gave the market the answer it least wanted to hear:

1. Rates unchanged, but inflation forecast raised — Powell raised the 2026 inflation forecast from 2.4% to 2.7%, citing Iranian war pushing up oil prices and increasing inflation pressure

2. Rate cut timing pushed back further — Powell said there are "tensions between objectives," needing to fight inflation while worrying about slowing growth, concerns on both fronts, essentially telling the market: don't expect early rate cuts this year

3. Classic "sell the fact" market action — over the past two weeks, the market kept "buying the expectation" and rallied to 76,000, but once the data came out, expectations materialized, and early positioned funds took profits and left. BTC dropped from 73,900 all the way down to 70,900 last night

This isn't a crash, it's the market's normal liquidation after digesting hawkish signals. Nasdaq closed down 1.5%, gold fell 3.1%, all global risk assets declining together — it's not a BTC problem, it's the macroeconomic environment that changed. #美联储维持利率不变 #比特币支撑阻力位分析 #英伟达GTC2026大会召开