🚩Reply to currency friend "BTC" quotes
After the impact of the Federal Reserve's interest rate hike in the early morning and the hawkish statements, Bitcoin fell rapidly. It rebounded during the day and rebounded to the Fibonacci 0.5 position, which is 27730 (really a magical number). The current upward trend has yet to fall below.
In the short term, I am looking at a shock bias towards a correction, and it is very likely that I will test the 26600 position again.
The level above 28,000 has been confirmed, and there is a lot of selling pressure. Several upward surges have been suppressed. The support position is: 26,600.
Moreover, the Federal Reserve's speech in the early morning basically set the tone for interest rate hikes throughout the year. Unless something unexpected happens today, there will be no interest rate cut. Therefore, it is difficult to have a big bull market this year from a policy perspective and a financial perspective. I personally prefer the wide fluctuations in the early stages of the bull market.
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