The intraday currency price slowly rose, and after a slight spike in the evening, it quickly retraced. The intraday short-selling strategy perfectly matched the currency price trend. Although the U.S. stock market opened high in the evening, it did not stretch the currency price. The evening currency price rebound occurred right at the downward trend line near 103,000, temporarily halting the decline! However, the short-term bearish trend has not been terminated, and the overall trend remains unclear! It may be better to wait for stabilization before entering!

Bitcoin was suppressed to the lowest line of 96,800 due to the interest rate decision. From the current technical trend, Bitcoin is falling faster than expected, belonging to a bearish trend that directly drops to the target. After the bearish quickly falls into place, it also means that the short term will enter a consolidation around the 97,000-100,000 area, and after the negative news is exhausted, there is almost no space below in the short term. In the early session, it tested the support at 98,800, completing a weak-to-strong transition at the low point. Next, it will rely on 97,000 as a short-term support area to rebound again. Therefore, after the bearish trend quickly settles, it is not advisable to continue short-selling and bearish views, but rather to look for a rebound and bullish correction! #比特币