There are 6 days left until the next Federal Reserve interest rate meeting, and it is expected that the U.S. will likely cut interest rates by 25 basis points. With this positive news, there is a possibility of reaching a historical high of 110,000.

However, before the rise, there will inevitably be a pullback, first washing out before an effective increase. The next pullback is expected to reach around 96,000, and even a pullback to the weekly MA5 at 92,000 would be a chance to re-enter. Once again, breaking through the current short-term pressure at 102,000 could lead to surpassing the previous high and even reaching the 110,000 mark. For the medium to long term, one can reference around 101,500/2000, looking at 96,000.

For Ethereum, reference around 4,050 to short, looking at 3,600.