Attention! $BTC is crazily testing the line of life and death at 86000 USD, and both bulls and bears have already set up their positions! The Federal Reserve has thrown out a 'depth bomb', directly dousing the market's expectations for interest rate cuts with cold water. Is this a counterattack or a continued decline? Tonight, the market will迎来关键变盘时刻!
News:
At four o'clock this morning, a Federal Reserve official named Bostic came out to speak, and the message was clear: stop thinking about interest rate cuts!
He said that the Fed currently has no plans to cut interest rates until 2026. Why? Because he thinks the US economy is still quite strong, with a growth rate of 2.5%, so monetary policy must continue to be 'tightened'. What's even harsher is that he directly warned: if interest rates are cut further now, it's like playing with fire; inflation could soar again!
Bai Yue believes this is definitely 'cold water' for the market. It means that cheap dollars won't return so quickly, and global risk assets that hoped for a major bull market by turning on the 'tap' have been splashed with cold water. The macro environment is clearly suppressing the crypto market in the short term. If you don't know how to time your entries, you can follow Bai Yue, who will provide real-time analysis in the village and give the best current entry points.
Looking at the technical side, what is BTC doing?
Current price is 87280 USD, just stuck at a very delicate position. Looking at the 4-hour chart, let me highlight something for everyone:
The outlook is bearish: the yellow and white lines are still below the zero axis, indicating that the overall trend is still dominated by bears, and the larger trend hasn't changed. However! These two lines show signs of a potential 'golden cross' forming as they turn upward, and the 'volume' bars below are showing signs of emerging. It's like the bears are catching their breath while the bulls want to take the opportunity to counterattack.
Key levels: above, 89000-90000 USD is a heavy resistance zone, like a ceiling. Below, 86000 is the lifeline, it cannot be broken! Further down, 83800 and 82300 are important support levels.
Bai Yue believes that the market is in a state of 'recovering from a serious illness' but is still very weak. The bearish trend remains unchanged, but the bulls have begun to attempt to struggle against it. Next, the battle for 86000 will be crucial.
Operational advice for players:
For those heavily invested: If the rebound fails to break through the resistance around 88800-89500, consider reducing positions to lower pressure.
For those lightly or short-positioned: If there are signs of stabilization when retesting the 86000-83800 range, you can try a small position in batches to test for a rebound, with a stop loss set 500-800 points below the entry point. If you don't know how to time your entries, you can follow Bai Yue, who will provide real-time analysis in the village and give the best current entry points.
Bai Yue's personal opinion:
My judgment is that the Fed's 'hawkish' remarks will cast a shadow over market sentiment, limiting the height of rebounds, making it difficult to directly surge back up. But there is indeed a demand for small technical rebounds; the key is whether the 'volume' can keep up. Therefore, the upcoming script may be: the market oscillates in the range of 86000-89000, using time to digest negative news. If it stabilizes with volume above 89000, then we can look higher; conversely, if it loses 86000 and cannot recover, we need to be careful about testing 83800 or even lower support.
There are always opportunities in the market; the key is to operate calmly. Bai Yue will continue to monitor on-chain dynamics for everyone, moving steadily forward together! Follow Bai Yue and participate in every attack by the Bai Yue villagers! Bai Yue will announce specific entry times and real-time news in the village every day!
