The price of the daily currency slowly rose, and after a slight surge in the evening, it quickly retreated. The short-selling strategy provided during the day perfectly matched the price trend. Although US stocks opened high in the evening, they did not stretch the currency price. The rebound in the evening occurred just around the downward trend line at 103,000, temporarily stopping the decline! However, the short-term bearish trend has not been terminated, and the overall trend remains unclear! It is advisable to wait for stabilization before intervening!

Bitcoin was suppressed to the lowest line of 96,800 due to the interest rate decision. From the current technical trend, Bitcoin's decline is faster than expected, representing a bearish trend that has reached its target quickly. After the bears have quickly reached their target, it also means that in the short term, it will enter a range of oscillation around the 97,000-100,000 central axis. After the negative news is fully reflected, there is almost no downward space left in the short term. In the early session, it tested the support at 98,800, completing a weak-to-strong turn at the low point. Next, it will rely on 97,000 as the short-term support area to further rebound. Therefore, after the bears reach their target, it is not advisable to continue shorting or being bearish in the short term, but rather to look for a rebound and expect bullish upward correction!