OK吗

The current price of Bitcoin is oscillating in the range of $62,000-65,000, and market volatility has increased significantly.
Especially after the Federal Reserve cut interest rates beyond expectations, the market frequently experienced huge selling pressure.
This selling behavior reflects investor concerns about a future economic recession, despite the large number of investors holding short positions through high leverage in anticipation of a market decline.
However, since institutional investors also hold huge short positions in the market and cannot easily suppress the market downwards, they have to raise the market price through short selling operations, thereby increasing the cost of short positions. This price behavior not only puts pressure on the market, but also increases the risk of sudden market changes in the future. The risk of falling: Since the rise is not driven by bulls in the market but is caused by the closing of short positions, the market may face the risk of a sudden plunge at any time and in any position.
#BTC走势预测

I think the Fed's 50 basis point rate cut can only bring short-term benefits.
Around 62500-63100 is still an important resistance level. It is expected that the momentum of this round of rebound will soon be exhausted. From the perspective of wave theory, the current rebound is also approaching the end and there is huge adjustment pressure.
#BTC走势预测

I didn't expect it to go up so fast. Let's see if it's strong tomorrow. I don't know if there's hope to short at 61500-63000. It should be the last round of decline. #BTC走势预测

The market has closed a huge amount of shorts, with a large order of 58,000. The upper control position is around 61,000-61,500. It may go up again, waiting for an opportunity. #BTC走势预测 #美联储利率决议公布在即

The recent news has a very important impact
The Fed’s interest rate decision on the 18th directly affects market sentiment
The 18-19 token2049 conference needs to pay attention to major industry news that brings market fluctuations
It is not recommended to open long orders in the short term. The market trend is unclear. Avoid chasing ups and downs
Be cautious and wait and protect your principal. There is always a lack of opportunities in the speculative market.
#BTC走势预测 #美联储利率决议即将公布 #token2049dubai的展位已准备就绪热闹非凡

BTC is already at a critical point. According to the wave theory, it may be in the third wave of the downward trend. Before the key pressure of 61,000 is effectively broken, you can short at highs. #BTC走势预测