Powell said "no rate cut"
But Bitcoin didn't crash, not because of decoupling, but because the driving logic has changed. What now determines BTC's direction is not the Federal Reserve's dot plot,
Middle East situation
ETF institutional funds
Demand for safe-haven in "non-sovereign assets"
Points to watch moving forward
1. Can 72,000 quickly recover: If it stands above 73,000 in the next one or two days, this drop will be just a washout
2. ETF capital flow: If it breaks and ETF continues to see net outflows, that would be the real danger
3. Oil prices: If WTI falls below 90 dollars, the inflation pressure
Easing is good for BTC
Conclusion: 72,000 just broke, but it's not the end of the world—key is how the next 48 hours unfold. Stay calm and watch the market reaction after Powell's remarks