Bitcoin has returned to the 4-hour oscillation range after the Hassett stimulus, with the range converging, bottoming at 89,300 and topping at 93,000, corresponding to the 4-hour MA120 - MA200.

The price has oscillated within this range for a long time last week; the hourly trend is neither weak nor able to completely reverse the 4-hour downtrend.

The breakthrough will depend on tonight; if the dot plot is loose + Powell's dovish speech, it will break upwards, gradually reversing the 4-hour downtrend. If the dot plot shows insufficient room for rate cuts next year + Powell's hawkish speech, watch for a downward pullback and support pressure!