Bitcoin has not yet touched the support level of 55,000. Don't worry if you haven't gotten on the bus yet. Let the bullets fly for a while!

Although the Fed's interest rate cut is coming, even if it is good news. Bitcoin has a good wave of gains, but before the big rise, all long orders will be harvested! 55,000 is the hardest hit area!

Think about it from another perspective. If you are a banker, most of the chips are in the 55,000 liquidation range. Do you want to wash them out before driving? I have never seen it more than once to directly pull up without any shuffling, which is completely a wedding dress for the market leeks. If it is pulled up directly, it can only be that everyone is not on the bus yet and has not had time to react. By the time they react, they have reached the halfway point of the mountain or have missed the entry point.

Let's not talk about the second bottoming out. The impact of the Fed's interest rate cut on the next currency circle will not have a very big impact in the short term. On the one hand, it has been overdrawn in advance, and the market will have information lags. When it becomes public information, it is no longer the best time to participate. On the other hand, there is no panic or emotional fluctuation in the market. The market feels that both the big rise and the big fall are reasonable, which means that the market consensus has not been broken. It is certain that the big rise will not come, so it is a very wise choice to patiently wait for the second bottoming out and the big fall.

Warm reminder: Be prepared for Bitcoin to reach 55,000 at any time in the next two days!