Brothers, pay attention! The price of $BTC is fluctuating around 86000 USD, with both long and short sides on high alert! The Federal Reserve has made a big move, directly dousing the market's expectations for interest rate cuts with cold water. Tonight's market could likely see a significant reversal; whether it is a rebound from the bottom or a continued drop depends on this tremor!

News: Early this morning at four o'clock, Federal Reserve official Bostic made a statement, the core meaning being: Don't expect interest rate cuts! He stated that the Federal Reserve does not foresee any interest rate cuts until 2026, as the U.S. economy is performing strongly, with growth reaching 2.5%, so monetary policy must remain tight. He also warned that if interest rates are cut now, inflation could spiral out of control again!

Damao thinks this news is definitely bearish for the market. This means that cheap dollars will not flow back quickly, and the hope for global risk assets to rely on monetary easing for a bull market has been shattered. In the short term, the macro environment is clearly suppressing the cryptocurrency market.

What is the technical situation?

From the four-hour chart analysis, the current BTC price is $87,280, which is in a very critical position.

Overall trend is bearish: The yellow and white lines are still below the zero line, indicating that the bears still have the upper hand, and the major trend has not reversed. However, these two lines have a trend of forming a golden cross upward, and the volume below is also starting to show. This indicates that the bear strength is weakening, and the bulls are beginning to attempt a counterattack.

Key price levels: The upper range of $89,000-$90,000 is a strong resistance area, like an insurmountable wall. The lower $86,000 is a key support level that absolutely must not be broken. Further down, $83,800 and $82,300 are important support levels.

Damao believes that the current market is like a seriously ill person who has just recovered but is still very weak. The bearish trend has not changed, but the bulls have begun to struggle and resist. Next, the battle for $86,000 is crucial.

Advice for players:

For those with heavy positions: If the price rebounds to around $88,800-$89,500 and meets resistance, consider reducing positions to lower risk.

For those with light or empty positions: If the price pulls back to the $86,000-$83,800 range and shows signs of stabilization, you can try to make a small position for a rebound, setting a stop loss 500-800 dollars below the entry point.

I believe that the Federal Reserve's hawkish remarks will have a negative impact on market sentiment, limiting the height of the rebound, and it will be difficult to achieve a direct V-shaped reversal upward. However, there is indeed a demand for a small-level rebound technically, and the key will be whether the trading volume can keep up. Therefore, the upcoming market may fluctuate in the $86,000-$89,000 range, using time to digest the negative news. If it can stabilize above $89,000 with increased volume, then we can look higher; on the contrary, if it falls below $86,000 and cannot recover, we need to be cautious about testing the support level of $83,800 or even lower.

There are always opportunities in the market; the key is to remain calm and operate rationally. Damao will continue to pay attention to on-chain dynamics and work steadily with everyone. Follow me to participate in every market opportunity! Damao will announce specific entry times and real-time news in the 👉chat room every day!#美国非农数据超预期 #山寨季将至？ #美国宏观经济数据上链