Yesterday's air traffic was relatively boring. With the release of the Fed's interest rate cut at 2 a.m., the price of the currency also ushered in a small wave of gains. After the peak of 61,400, the Bitcoin icon was under pressure and fell to a low of around 59,400. At present, the market has warmed up again and is running around 60,500.

From the four-hour chart, the upward trend line is bullish. The trend line and the low point of 57,500 are the key short-term defense points. After the retracement last Thursday, the continuous rise began. This week's opening is at a high level, and there is momentum for further new highs, but the rhythm may still be a step-by-step approach. The rise will be accompanied by a fall. The rapid rebound after the fall is the main style in the near future. Find a good entry time, both long and short can be obtained. We continue to be bullish on the general trend.

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Bitcoin 60000-60300 long target 62000

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