The interest rate decision to cut by 25 basis points yesterday met expectations, and this positive news directly propelled BTC to a new high of 76900.
After experiencing two significant events, the election and the interest rate cut, there is currently almost no resistance above BTC, while there is support everywhere below.
Observing from the 4-hour level, although BTC is already at a high, it seems to need a correction. In this case, it is advised to maintain observation first. If a correction occurs, one can continue to buy on dips. The first support level below can be focused on 73500, and the second support level can be focused on 71000.
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