Market Analysis:

The Bitcoin price reached a new high last night, directly rising to around 107,770. The Federal Reserve is set to announce interest rate cuts on the 19th, likely by 25 basis points. After the market digests this FOMO, there will be a significant period of volatility. Watch for support at 103,000-102,000 below, and first pay attention to around 108,400 above to see if it can break through. If it does break through, there may be a chance to surge to 110,000.

Trading Strategy:

Currently, focus on core value assets, using light positions and low leverage, primarily adopting a low long strategy while ensuring proper take-profit and stop-loss measures.

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