The 50 basis point rate cut last night gave the market a shot in the arm, and Bitcoin also rebounded to $62,500. This range is relatively heavy and it is not possible to break through it directly. Next, it depends on whether it will break through directly after the shock, or step back to $60,000. However, the market sentiment is still ignited, including the recent new coins and new project coins, which have begun to prosper. It feels like spring has come and everything has revived.

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