Recently, BTC has been rising unilaterally, seeming to present a prosperous scene. The Nasdaq has broken through 20,000 points and should confirm and fluctuate here. Currently, some investment institutions show signs of selling at this position. This may be to avoid systemic crashes and to clean up leverage risks.

Tonight, the Federal Reserve will announce interest rates, and barring any surprises, it should be a 25 basis point rate cut. This can be considered a normal positive signal. The U.S. stock market, on an overdue basis, will also rise, and BTC should continue to be driven higher. However, one point to note is that after the rate cut, there will be a window period before Trump takes office, during which BTC should continue to consolidate at a high level, then repeatedly test the area around 100,000, performing up and down spikes to liquidate contracts.

Everyone should operate with relative caution. For some time now, the continuous rise indicates that the bears have likely surrendered, and those going long should remember to set stop losses. This is to prevent violent spikes that clear floating profits.

Currently, on the daily level, BTC is still in a bullish upward pattern, with a clear upward trend line and shape. It is not recommended to go long on shorts; shorting is acceptable. Yesterday, a high-level spirit line appeared, indicating a risk of retracement. It is not advisable to chase highs. Support is below at 102,500 and around 98,600. Pullbacks should focus on low longs before the shape and trend change.

On the four-hour level, the MACD has crossed down, indicating a demand for short-term retracement. Support is near 104,088 for entry orders. Stop loss around 103,500.

The current sentiment remains greedy; extreme greed is extreme risk. It is not advisable to chase highs. Altcoins should patiently place orders and wait. Often, what you think is impossible turns out to be patience, providing everyone with an opportunity to enter at lower levels.

Currently, if BTC retraces, altcoins will also enter at corresponding stage bottoms. Do not measure based on the rising positions; consider it a mid-term bottom. The second half of BTC has just begun. A few days ago, I mentioned that if you haven't found suitable coins, LTC is relatively good, with staggered orders in the range of 110-100-90. There is still a chance for 2-3 times in the future. In several bull markets, financial attributes mean that the big players will not miss any of them. Otherwise, who will remember it in the next bull market? It is recommended to pay attention to SOL, TRX, UNI, ENA, DOGE, NERIO, which are currently retracing. Chasing highs is not advisable; ambushing at low positions maximizes profits. $BTC