$BTC On Thursday, a 25 basis point interest rate cut in the early morning was good news. As a result, Powell said: The Federal Reserve is not allowed to own Bitcoin and does not want to change the law, including the fact that the Federal Reserve expects to cut interest rates only twice in 2025, each time by 25 basis points (most people predict Three times), which led to a plunge in BTC, with more than 240,000 people liquidating their positions in 24 hours. The good news is that the Bank of Japan continues to suspend interest rate hikes.

It fell from around 104800 to around 98800 in the early morning after the Fed cut interest rates before rebounding. We are still holding the long orders with an average price of around 102600 yesterday. It is not too difficult to unwind at this position, and the good news is out. , it is not expected that there will be a big breakthrough before Trump takes office, and there is a high probability that it will fluctuate in a range. The effective support below is 99300-98000, and the resistance above is 102500. It is currently running near 101000. This position is stable and does not consider opening orders. It is bullish All are unstable. Pay attention to the resistance breakthrough during the day. If the resistance is exceeded, the price is expected to pick up again. There is a high probability that the support will break and I may not be able to hold on to the liquidation of 96,000.

Since I am single, I will not give you any entry reference today. The Air Force will go short near the resistance, and the Duojun will go short near the support. (Personally, if I don’t have a quilt cover, I will still choose to cut into the singlet close to the support) #加密市场回调