btc interest rate cut by 25 basis points in the early morning, but the price did not break through and fell again. The next rate cut may be in mid-next year, so this rate cut did not bring much benefit to the price. The news does not have much impact for now, and the pattern is still in an ascending triangle. In the short term, the price will test the lower support again.
Pay attention to the 8.8-8.9w range below. If it does not break this range, you can enter a long position. The plan was to enter long below 9w yesterday, but the trend still looks weak. Those who have entered can take profits first and wait for a pullback to the lower support range before considering entering. After that, there will at least be another wave of rebound. When it pulls back to 8.8-8.9w, enter long directly.
