Midnight time follows the Federal Reserve's interest rate decision and Powell's speech, with the price dropping sharply by 4,000 points. Currently, the market has dipped to around 100,000. Although it hasn't broken down, there is still a possibility of a pullback continuation. Regarding the midnight meeting, I will discuss it in detail later, so I won't waste too much time here. After all, I talked quite a bit about it yesterday, and as long as you pay attention to the meeting content, most of you should have already profited like us. Next, let's take a look at the morning thoughts.

Currently, the daily structure is entering a corrective phase. The pullback space is a deep correction. This dip is influenced by news, which means it will only affect the short term and not the main trend's operation. Ultimately, it will return to the technical pattern. On the four-hour level, the upper Bollinger Band was pressured and broke through the middle band, closing below the lower band, disrupting the strong upward trend reliant on the middle band. At the same time, after the second wave of upward space was released, it experienced a rise and fall, breaking the strong momentum for a pullback in the short term. This pullback is not a trend reversal; it is still a correction and consolidation. The next surge will also test the previous high. It is still too early to say that the market has reversed; during the previous rise, there was no significant correction, and the local pullback strength has already been established, so there is still good upward space for bulls in the future.

Bitcoin is hovering around 100,000, targeting around 103,500. Ethereum is around 3,600, targeting around 3,800. #加密市场盘整 $BTC $XRP