Goldman Sachs reports that the market generally expects the Federal Reserve to keep interest rates unchanged this Wednesday. The key focus of this meeting lies in Fed Chair Powell's statements during the post-meeting press conference, which could provide directional guidance for risk assets (including Bitcoin). The core market concern is whether this pause in rate cuts will be interpreted as a "hawkish pause" or a "dovish pause." If Powell emphasizes inflation risks, it may dampen rate cut expectations and pressure risk assets; conversely, if he hints that the rate pause is temporary and leaves the door open for rate cuts in the coming months, it could boost risk assets like Bitcoin. Additionally, if officials appointed by Trump oppose the rate hold decision, it may reinforce market expectations for future easing policies. Powell's explanation for maintaining the interest rate could support the US dollar, thereby exerting pressure on dollar-denominated Bitcoin. He may also be asked about recent housing affordability measures by the Trump administration (which could raise short-term inflation), ongoing judicial investigations into him, and bond market volatility triggered by Japan, all of which could increase market volatility.