"The Fed cut interest rates by 50 basis points, and BTC has gained 800 points! Breaking through 62,000!"

As the Fed announced a 50 basis point interest rate cut, Bitcoin (BTC) instantly ignited market enthusiasm and showed strong support near $59,500 in the short term. If the price breaks through $61,000 and stabilizes, then boldly adding positions and aiming for the goal of $62,000 will become a reality!

Bull confidence remains strong!

From a technical point of view, the fast line of the MACD indicator shows signs of turning, and may face adjustment pressure in the short term. However, the overall trend is still a bullish pattern, and the rebound momentum has not been fundamentally damaged.

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