#比特币走势分析 Last night at midnight, the Federal Reserve's interest rate decision resulted in a 25 basis point cut, keeping the rate between 3.5-3.75. The positive market reaction was already reflected from December 1st to 7th. Currently, we are following a daily downtrend channel, mainly focusing on short positions.
Pay attention to the 4-hour fluctuation range: top 94000-93000
bottom around 81000-83000
Do not take rebounds as reversals; once a trend is established, it is difficult to change for some time.
Currently near 90000, unable to place trades, and the stop loss is hard to manage.
At 7 AM, when it was 925000, there was an opportunity to enter a short position. With no good entry point, we can only wait. Enter above 90000, with the first target at 81000 and the second target at the bottom of the daily channel, with a space of about 75000-76000 that has around 17% potential, worth waiting patiently. In a rebound and halting market, do not be afraid, just enter directly.
Market trends can reflect the current market sentiment. If the mind is restless, sometimes long and sometimes short, confusion and losses lead to liquidation not being far away. A profit of 17%-20% is worth waiting for and worth planning.
