Market expectations for an immediate rate cut by Fed nominee Walsh have cooled, with futures markets now predicting the first cut to be delayed from June to July. The IMF forecasts U.S. economic growth at 2.4% this year, with stable unemployment and declining inflation, suggesting only a single 25-basis-point cut over the next year. Meeting minutes indicate some officials are open to another rate hike, reflecting a shift towards a more hawkish stance. In the crypto market, Bitcoin is experiencing a liquidity battle, with short positions clustered between $69,000 and $70,500, and strong long support between $66,000 and $66,500. The price is currently oscillating around the midpoint, highlighting a range-bound market structure.