TechFlow news, June 27 — According to Matrix on Target's latest weekly report, despite Powell's hawkish signals on June 18, the Federal Reserve's overall stance has swiftly turned dovish, with several board members suggesting that rate cuts could be discussed in July. Inflation has dropped to 2.38%, approaching the 2% target. Bitcoin touched a key support level at the 21-week moving average (USD 98,532) this week. Analysts maintain their assessment of "seasonal range-bound volatility," believing the Fed's dovish tone will provide mild upward support. Stablecoin funds are returning, but the pace remains intermittent, and the liquidity gap is still evident. In the absence of large-scale new capital inflows, market focus remains primarily on Bitcoin, which continues to outperform other crypto assets.
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