"On the eve of the Fed's interest rate decision, will Bitcoin soar or crash? The conspiracy of the market makers is revealed!"
Tonight, the Fed's interest rate decision, all kinds of assets are waiting for Powell's decision
There are two main expectations at present: one is a small interest rate cut of 25 basis points, and the other is not to cut interest rates for the time being or maintain the current interest rate level. Regardless of which case is chosen, the market expectations are generally cautious.
1. Technical aspects: long-short trap and shock wash
The price of Bitcoin has repeatedly tested the resistance level of $60,000 but failed to break through, forming a volatile trend.
The KDJ indicator is blunt at a high level, and the RSI is close to the overbought area, indicating that there is a risk of a short-term correction in the market.
2. Market operation after the interest rate decision: pull up and then ship?
If Powell announces a small interest rate cut of 25 basis points, the market may regard it as a positive, pushing Bitcoin up in the short term. However, this is exactly the opportunity that the market makers may take advantage of. **Driven by good news, the market makers may raise prices to attract retail investors to chase the rise, and then ship at a high level. This operation is not uncommon in the Bitcoin market. Especially in the face of key news, the market makers often create "false market conditions" to lure funds into the market.
Is it possible to take advantage of the trend to push up and soar to the sky?
The market makers may choose to take advantage of the trend at this time, using the dual effects of good news and technical breakthroughs to push prices to new highs.
However, as contrarian investors, we should be wary of whether this "soaring" market is a "luring" trap by the market makers. Once the price rises, the market makers may quietly sell at a high level, causing the market to fall back sharply in a short period of time.
Trading strategy of contrarian investors: beware of illusions and operate steadily
The price of Bitcoin has quickly risen to more than $60,000 and the trading volume has increased. Be wary of the possibility that the market makers will pull up and sell here. At this time, contrarian investors should avoid chasing high prices. When the price reaches a key resistance level (such as $62,000 or higher), they can choose to gradually reduce their positions and take profits.
Observe the support performance of the price near $52,000. The market maker may use this pullback to "wash the market" and clear the floating chips to pave the way for subsequent rises. Contrarian investors can build positions in batches in this area
