Tonight at 2:00 AM, we have the Fed's interest rate decision. Trump has already paved the way; oil prices are declining, and inflation is likely to decrease, reducing the probability of rate hikes by the end of the year. Tonight, Waller makes his debut at the Fed, marking a new moment for the central bank. The market saw a small V-shaped recovery last night before continuing to probe lower, currently in a narrow range which is beneficial for indicator recovery;
$BTC
Support levels at 61885/60000/57500 Resistance tentatively at 67135/70000 Currently, BTC is showing a normal pullback on the 1-hour chart; let’s see where the pullback support confirms, which presents a new entry opportunity. Yesterday's statement still applies; currently, the 2h/4h trend remains unchanged. After the 1h completes its recovery, I'm optimistic about a subsequent rebound; just keep an eye on the stabilization in the 1h;
$BTC has called off the bull snd bear gone to field for bearing the market don't get wrecked ,market going down take your benefit in and trade again after the bull get in if you have good capital then wait ,take profit at 68k. TRADE on my card .
The current price of btc facing resistance at the 4H line(around 65888). If you've entered a short position without considering additional entries, your stop-loss should typically be set after the 4H close stabilizes at this level.
If a breakout occurs, the next target will be the daily(around 66800).
Tomorrow's Japanese interest rate decision is likely to result in a rate hike, which the market has already priced in at the beginning of the month。 This isn't a black swan event;it's essentially a bearish impact coming to fruition。
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