Talk about why BTC surged strongly in the evening.

First point. The Federal Reserve is about to announce another interest rate cut early Thursday morning, which of course is something the market is aware of. Recently, Bitcoin dropped significantly to the 80000-level, and with the interest rate cut approaching, it's quite normal to speculate on the expected effects.

Second point. The U.S. stock market has been hovering around high points with frequent positive news, today the U.S. stock market opened slightly lower and then followed the strong surge together with the U.S. stock market.

Third point. In the evening, messages mentioned that Hasset stated the Federal Reserve has enough room to significantly cut interest rates, and Hasset is a top favorite for the next Federal Reserve chair.

Fourth point. Recently, there has been a significant inflow of funds into the market, which provides support for the interest rate cut as a positive factor, and when a certain amount flows in, it combines with the market to push prices up.

Today Bitcoin is around 90000, with long positions rolling at 90400 all looking towards around 94000, the highest also broke through the previous high point at 94555.

The Federal Reserve's interest rate cut is imminent, preparing for medium to long-term layouts $BTC #加密市场反弹