The morning bullish trend has not continued with excessive strength, and is mainly characterized by fluctuations. The current market has dropped to around 105,000. A key focus today is the Federal Reserve's interest rate cut set to be confirmed at 3 AM on Thursday, with a 25 basis point cut highly likely. As good news approaches, the market continues to pull back, showing a clear buildup for a surge. As mentioned yesterday, 108,000 is not the highest point, and there is still a demand for breaking new highs after the rate cut.

After the morning market correction, the closing point in the morning continued to recover, without extending the bullish momentum too much. After a doji star candle on the daily close, the market continued to pull back during the day but did not break key support. On the four-hour chart, after yesterday's new high, the price has pulled back to the middle band and stopped falling. The strong trend remains unchanged, and the upward trend will continue. In the short term, treat the middle band as support for positioning. For daytime operations, approach with a short-term oscillation mindset, as the market has a demand for surging; be bold with the bullish positions.

Bitcoin can be bought at 105,000-105,300, targeting around 107,000. Ethereum can be bought at 3,830-3,850, targeting around 3,920. #BTC再创新高 $BTC $ETH