#策略性加码BTC $BTC Once again, the reversal narrative appears. JPMorgan recently released a new forecast: the Federal Reserve may hold steady until 2027, and then even turn to rate hikes. Once the news broke, the bullish slow bull sentiment clearly weakened a bit. $ETH $BNB

But this isn’t actually that scary. Looking back at the 2023 ledger, it’s clear—when the Fed was aggressively raising interest rates, BTC stubbornly went from $15,000 to $30,000. Back then, the market sentiment was just as pessimistic as it is now, but history still followed its own rhythm.

The key point is this: what truly drives the market is never the Fed’s interest rate decisions themselves, but the market’s real narrative and the actual flow of funds. As long as BTC completes its bottoming process in 2026, even the most frightening rate hike expectations in 2027 won’t change the direction of the new cycle. Liquidity may shift, but the trend never relies on a "single indicator."

There’s no need to over-interpret every fluctuation.