BTC At 2 a.m. last night, the Federal Reserve's more aggressive interest rate cut of 50 basis points brought a little positive stimulus to the sensitive currency circle, causing BTC to rebound slightly on the daily line to rise to the key pressure level of $62,000. I will focus on this pressure level this week, because $62,000 is the pressure level of the weekly line. Once the weekly line closes and stabilizes at this position, the weekly level short trend will be reversed.
Personally, I think that it is difficult for the pressure level of $62,000 to close and stabilize. There is a high probability that it will fail to stabilize in the future and then continue to step back to test $56,000 or even lower. Although I don't want to say too much, as an investor, when sharing opinions, I should be clear and firm. Even if the market has a 50.1% probability of falling and a 49.9% probability of rising, when expressing my opinions, I will clearly and firmly stand on the side with a higher probability.
The above is just a personal subjective opinion, for reference only. In addition to the direction of rise and fall, fans should also pay more attention to some key points in the figure and operate with reference to the points.
