Tonight is going to be eventful…
At 3 AM tonight, the last Federal Reserve meeting of the year, which has captured global attention, will take place. It concerns whether there will be an interest rate cut and if it will align with the expected decrease of 0.25%.
If it happens, it meets expectations; above 0.25% is considered better than expected, and below 0.25% is worse than expected.
From the trend, Bitcoin has formed a right shoulder pattern in the past hour, and our long position at 1036 has successfully taken profit. If the trend cannot stabilize above 1055 again, it will continue to drop in the next hour, with a key focus on support at 1026 and the 100,000 mark.
There will be significant market fluctuations at 3 AM tonight, so be cautious of risks and manage your positions well‼️#加密市场盘整 $BTC