The Federal Reserve has officially stopped quantitative tightening (QT), but it does not mean that it will start easing immediately; it may take some time before quantitative easing is officially announced. According to historical experience, after QE starts, there tends to be a wave of upward momentum in BTC as it correlates with stocks, but whether the long-term bullish market sentiment can be sustained seems insufficient at the moment. $100,000 remains a significant resistance level for BTC.

If we focus on the short-term levels, the following points need attention:

BTC

A very good support level is around 86588, but the current price of 89000 is a bit far. $84,000 is the lowest point for this week, and there hasn't been a second test yet. Extreme points starting with 7 are too far away. We made profits on the long position at 90888 twice this week, but after hitting breakeven, we haven't re-entered.

The huge resistance level is around $100,000, where the pressure from positions and the resonance point from last year create significant selling pressure. $BTC

ETH follows BTC's levels closely; last month we frequently traded Ethereum contracts, and this week we made a short-term short position and also made some profits. I'm particularly interested in the support level around 2850 for ETH.