#BTC走勢分析

The main reason for this drop in BTC:

First, the attempt to break through the previous high failed and retraced.

Secondly, the September core PCE data is bearish, hitting the highest record in six months, and the previous value was revised from 0.1% to 0.2%. As a result, the expectations for a rate cut in November have been further weakened, and there is even a possibility of pausing rate cuts. Additionally, all three major U.S. stock indices fell across the board.

$BTC Currently, the market is focusing on strong support near 68300.