The Federal Reserve's September meeting on rate cuts has made the already fragile cryptocurrency market even worse.

Yesterday, many people were saying that rate cuts were good news, and they were all bullish, but I told you that I had been shorting at 66,800, and I woke up and it was a waterfall of 3,000 US dollars.

In the long run, rate cuts are good news, but it is necessary to thoroughly clean up the profit-taking to achieve a healthier rise.

It is expected that the market will pick up after tomorrow, August 2, which means that there will be a trend that will give you a headache from today to tomorrow, with violent fluctuations!

Key point: When the data is released at 20:30 on the evening of August 2, if it is 65,000 and has not been tested, the first test will normally fall, and the second test will be dangerous. The more resistance and support tests are performed, the more breakthroughs will be formed. #BTC