This week's interest rate cut of 25 basis points is basically a foregone conclusion, but the market's focus is all on one question
Will this be a hawkish rate cut?
If it's hawkish in tone, the benefits may be completely negated, and the market will experience violent fluctuations!
After the interest rate cut lands tomorrow night, BTC is expected to fluctuate up and down by as much as 5% within 72 hours!
In this kind of market, brothers, don't miss out
The short-term moving averages of Bitcoin are chaotic, with no obvious direction
Brothers can directly ignore small-level fluctuations
Just refer to the large-level support and resistance points for operations!
Short-term support: 87900~86900,
Brothers can refer to this position for light positions to ambush rebounds
If the market continues to drop, 83500~82200 is the second support range
This is a stable rebound point at a large level, ambush long positions to easily profit!!
The short-term resistance above is in the range of 93190~94600,
When the market rebounds here, you can try short positions with light positions, aiming for around 90000, in and out quickly!
If the market strongly breaks through, the second resistance level above is in the range of 97790~100400
After reaching here, it is expected to retrace to around 95000,
Currently, the market is highly volatile, brothers must control their positions
Avoid heavy positions chasing highs and selling lows, steady ambush is the way to go!
The trades in these days have been very good, we patiently await the next wave of layout, let's get in the chat room!!!
