The current market trend is quite good, Bitcoin made a rebound to a new high last night, and the short-term trend is still upward. Ethereum is also very vigorous this time, and breaking through with volume during the rebound is relatively stable. If the bears can't push it down this time, it will have to rise because ETH3400 is a key resistance level.

If Fed Chairman Powell makes a positive or neutral statement in the early morning, the trend will continue to rise. Hopefully, Powell can be a bit more supportive, and then Bitcoin might really reach 98000. But this is also a crucial moment in the battle between bulls and bears. The ideal short position for the bears is between 98000 and 10000. Let's wait and see...

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