Fed's comments on 'higher for longer' still weighing on risk assets?

Been watching the general sentiment shift around Fed commentary, specifically the 'higher for longer' narrative gaining traction again post-Powell's last remarks. It seems like the market, particularly the more speculative ends like crypto, is struggling to find clear direction. I'm curious how others are interpreting this for $BTC. Are we looking at a sustained period of sideways consolidation while traditional assets like $XOP, for example, continue to show relative strength? Thinking about rebalancing some exposure but want to hear if anyone sees a catalyst that breaks us out of this current range soon, or if we're just in for a grind until the next CPI print.