ChainCatcher news, Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management, stated in a report that the Federal Reserve is expected to keep interest rates unchanged at tonight's meeting, and Fed Chair Powell may reiterate that there is no rush to cut rates. It is anticipated that the Fed will lower its GDP forecast for 2025, raise its inflation forecast, and acknowledge increased uncertainty.The dot plot is expected to show that the median expectation for two rate cuts this year remains unchanged, with risks leaning towards one rate cut. The Fed is expected to cut rates once in June, and due to inflation accelerating again, there will be no further cuts in 2025.

ChainCatcher news, Tangent co-founder Jason Choi expressed the view that "in the absence of specific reasons (such as expectations for ETFs or Trump), the trends of mainstream cryptocurrencies (mainly Bitcoin) will generally be linked to the performance of the U.S. stock market. As a speculator primarily focused on cryptocurrencies, my fundamental view is that aggressive positions should not be taken based on macroeconomic factors, but an understanding of the macroeconomy should provide a reference for existing aggressive positions."

ChainCatcher news, the Bitfinex Alpha report shows that Bitcoin fell by 17.39% in February, marking the worst February performance since 2014 and the second worst February in history. Since hitting bottom after the FTX collapse in November 2022, Bitcoin bull market corrections have typically ranged between 18-22%, but February saw a correction of 28.3% from January's historical high of $109,590, making it one of the most significant corrections since the end of the bear market.On March 2, U.S. President Trump announced the establishment of the U.S. Crypto Reserve Program, triggering a strong market rebound, with Bitcoin rising 20% from recent lows and a single-day increase of over 12%. However, subsequent sell-offs pushed the Bitcoin price back down to around $92,000. Bitfinex analysts believe that macroeconomic conditions (including the performance of the S&P 500 index) will significantly impact Bitcoin's trajectory in the coming weeks before the details of the Crypto Reserve Program are announced.The report also points out that the U.S. economic situation is complex, with persistent inflation, declining consumer confidence, and slowing economic growth. January's personal consumption expenditure inflation data showed a year-over-year growth rate of 2.5%, exceeding the Federal Reserve's 2% target. Rising service costs and new import tariffs are expected to further affect the Federal Reserve's ability to adjust interest rates, reducing the likelihood of recent rate cuts.

ChainCatcher news, Dragonfly managing partner Haseeb Qureshi posted on social media X, stating that the current low volatility in the Meme coin market may be just a temporary phenomenon. He believes that once the macroeconomic situation improves, the trading cycle of meme coins will become active again.However, Haseeb also pointed out that the Meme coin market has entered a later stage, and market participants seem to be showing signs of fatigue.