Today's Operational Suggestions
Bitcoin has significantly declined under the influence of the interest rate decision, dropping to a low of 95600. From the current technical trend, Bitcoin's rate of decline has exceeded expectations, showing a strong bearish momentum. This rapid decline indicates that the market will oscillate around the central axis of the 97000 - 100000 range in the short term. After all the negative news has been factored in, there is almost no room for further decline. When the market dipped to 98800 in the morning, there were already signs of a weak low turning strong. Moving forward, the market will use 97000 as a short-term support area and enter a rebound mode. Therefore, our current strategy is still to look for buying opportunities on dips.
Bitcoin Trading Suggestions:
Short sell to buy around 96300-96800, with a target of 500-2500 points upward
Ethereum Trading Suggestions:
In the short term, still synchronized with Bitcoin's operations
