Beware! Bitcoin may face the risk of "all the good news has been exhausted", and $54,000 may become a key correction point!
Bitcoin's recent rebound below $53,000 seems to have digested the market's expectations for interest rate cuts in advance. After the continuous rise in the past 11 days, there may be a correction of "all the good news has been exhausted". Warning: "With the announcement of the interest rate decision, we expect market volatility to increase, and Bitcoin may pull back to the $54,000 range, which may become a new buying opportunity."
This means that the current market sentiment is likely to have overdrawn short-term positives, and investors need to pay special attention to price fluctuations after the resolution. For those investors who already hold positions, it is recommended to be cautious before the market changes direction and avoid blindly chasing high prices.
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