$BTC $ETH
Key event on December 18: The Federal Reserve may announce a 25 basis point rate cut tomorrow.
Before the meeting, Bitcoin has reached $107,700, and the market may be extremely unstable,
whales and exchanges may manipulate prices, and significant volatility is expected. Bitcoin has broken through the accumulation zone, currently at an all-time high with no resistance for free trading, and its dominance has risen to 58%.
Expected outcome: After Bitcoin stabilizes, altcoins may rebound strongly.
When Bitcoin's profits are taken and its dominance decreases,
capital will flow into altcoins, as seen in November. Currently, Bitcoin is unstable,
it is advisable to avoid high leverage and consider taking profits in batches.
Altcoins will experience significant changes, but caution is required in managing trades when Bitcoin is unstable,
at least pay attention to the FOMC meeting #比特币冲向11万?