Yesterday's expectation of a rate cut led to a not-so-ideal result, with a rise of only a thousand points before a straight drop starting from the 1047 position. The support at 1027-1034 completely crumbled under Powell's statement: 'We are not allowed to own Bitcoin, nor do we wish to change the law.'
I have been emphasizing that, at this stage, shorting has more cost-effectiveness than going long. If you don't listen to me, there's nothing I can do. After the rate cut ends, the next ten days will be a celebration for our bears. Remember not to try to catch the bottom; wait for my signal.
In the next ten days, without any favorable news, we should maintain a subjective stance of rebound and shorting. Long-term investors can hold on until they receive my bottom-fishing signal.
Looking at the current market situation:
On the four-hour level, the lowest point of Bitcoin price in the morning reached 988, rebounding after that. Currently, it has repaired about 3000 points to 1017. Aggressive traders can enter the market now; there isn't much upper space left. Defend at 1030, with an ideal target of 957.
Regarding the data:
Tonight, we only need to pay attention to the movements of the US stock market. After last night's commotion, basically all US stocks dropped straight down. Tonight, the focus is to defend the 1030 line. There may be slight impacts during the process, but it won't affect the overall market trend.
That's the specific situation. Tonight's live broadcast time remains unchanged, starting normally. Your likes and follows are the biggest support for Biteo🏆🏆 #美联储放鹰 $BTC
Aviso legal: contém opiniões de terceiros. Não é um aconselhamento financeiro. Pode incluir conteúdo patrocinado.Consulte os Termos e Condições.
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