Good afternoon, brothers! Last night, besides Bitcoin, other cryptocurrencies had a slight increase. Bitcoin made several attempts around 94 but couldn't get through; this position is clearly a strong resistance level! Next, we'll see if it can break through strongly; it needs to surge up to continue moving higher. If it gets stuck here, those who understand will know to wait below for long positions.
Around the 10th, there will be a rate cut. In the past two days, as the market rallied, many KOLs have started to stir up FOMO, saying Bitcoin is about to reach its peak and start a bull market. Let's think rationally: in October, the first cut was 25 basis points, and we didn't see a massive surge, right? This time it's also a cut of 25 basis points; can we really rely on words to drive the market? Don't have too high expectations; just maintain a calm mindset.
