The price of Bitcoin surged strongly to the 94400 level, and the long positions laid out previously have successfully captured a space of 2900 points. However, the momentum of the surge could not be sustained, and the market quickly fell back, currently retreating near the 90000 mark.

From the perspective of the market structure, after a rise at the 4-hour level, it has entered an adjustment period, which is not a sign of a trend reversal. After a short-term rapid surge, the market needed to pull back and adjust to return to a reasonable technical structure. Although there is a current retreat, the continuation is insufficient, and the future trading strategy should still focus on buying low.

Trading suggestions: Buy Bitcoin on a pullback near 89300-88500, with a target of 91500-92500; if it breaks through, look for 93200; buy Ethereum on a pullback near 3160-3130, with a target of 3250-3300. #美联储降息 $BTC $ETH