The US stock market continues to have a significant impact on cryptocurrencies. After 6 PM last night, major US stocks experienced a noticeable decline, directly dragging Bitcoin down from 74,000 to 71,000. This decline also spread to the altcoin market. However, the upward movement following this decline was extremely short-lived, and by this morning it had fallen to a lower level than yesterday afternoon. Although Powell's remarks were hawkish, warning of inflationary risks from regional conflicts and suggesting the Fed might not cut interest rates this year, the market had already priced in this scenario, and the interest rate decision and speech were not unexpected. With the quarterly settlement week approaching, barring any major events, Bitcoin is likely to enter a period of relatively low volatility.