🪐 Powell’s Tone Meets the AI Spend Test Today is less about the Fed rate decision itself and more about how Powell frames the road ahead while the big AI platforms put their capex story under the microscope. BTC is sitting close to a short-term inflection point, which makes this a classic “tone over headline” market. 🧲 What I’m seeing is a tug-of-war between liquidity psychology and the AI growth narrative. If Powell sounds rigid on inflation and the cloud numbers don’t justify those massive investment plans, risk assets can de-rate fast. If he sounds more balanced and the earnings call confirms that AI infrastructure is still translating into real demand, the market can breathe again — and BTC usually benefits when that pressure valve opens. 👁️‍🗨️ My read: the Fed matters tonight, but the real tell is whether the AI trade still looks like a story with cash flows, or just expensive momentum in a nice suit. ⚠️ Personal analysis only. Not financial advice. DYOR. #BTC #Fed #AIStocks