Bitcoin Evening Outlook: Reference 4H

The interest rate cut early this morning is a certainty, so in this situation, it is best to avoid trading based on news. Betting on the volatility from this rate cut is too risky.

Currently, there are two positions to pay attention to in the short term. One is the POC zone; if this position does not break down, it is expected to continue challenging the upper resistance level, with the price around 913.

The other is the blue trend line position mentioned in the morning, with the current price around 90,000. Therefore, if trading tonight, it is best to go for the right side; if there is an opportunity, take it; if not, give up $BTC

BTCUSDT

Perp

90,255.6

-2.83%