Last night's live broadcast, this morning's writing, I have reminded everyone not to chase highs when entering the market. Let everyone place orders and wait. I also mentioned this morning that there is a pullback pattern.
Currently for BTC, at the 1-hour level, there is still no stabilization pattern, so I suggest everyone wait a bit longer. The support level is around 102500, with the four-hour neckline and upward trend line support near 101471. You can place orders in batches. Set the stop loss at 99999.
Today the Federal Reserve will announce the interest rate, and it should reduce the rate by 25 basis points if nothing unexpected happens. The US stock market will definitely rebound, and then a V-shaped reversal pattern will appear.
For ETH, please place orders around 3800, 3760, and 3505.
For SOL, you can place orders at 213 and 203.
For DOGE, place orders at 0.3650 and 0.3403.
I still recommend that, since BTC hasn't made a significant pullback for a long time, it's better to trade quickly in and out on a short-term basis.
Just a hypothetical, if the Federal Reserve stops cutting interest rates today, what kind of crash will the crypto world face?
It could be like this, BTC hasn't dropped much, but altcoins will likely plummet.
However, it can be certain that by 2025, there will be at most one or two rate cuts. For the market to rise, there needs to be a new narrative.