#BTC☀ If the key resistance level of 63,000-63,500 cannot be broken through and stabilized tonight, the price may have to go through a daily Bollinger band oscillation range until the interest rate cut on September 18.
The good news is that Powell's speech tonight is still good, and it is not a negative direct test of support.
The bad news is that after the oscillation to the interest rate cut, there may be an accelerated decline, and the support pressure below is a bit high.
The current expected market correction of the first interest rate cut risk is a historical view. Whether there will be a "different" change this time, we can only wait and see. The previous article has a detailed explanation of the daily range.
