The Federal Reserve cut interest rates by 25 basis points as expected, which is a long-term benefit for risk assets. However, Powell's remarks "doused cold water" on market sentiment, causing a spike down in BTC, and the technical analysis shows that a phase bottom has been established. ✅ The price is close to the 110k range, and long positions can be followed up accordingly. 🎯 Target: 5 waves rise to 120.4k. 📩 Real-time positioning and risk management can be inquired about via private message.
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#BTC market update:
The Federal Reserve cut interest rates by 25 basis points as expected, which is a long-term benefit for risk assets.
However, Powell's remarks "doused cold water" on market sentiment, causing a spike down in BTC, and the technical analysis shows that a phase bottom has been established.
✅ The price is close to the 110k range, and long positions can be followed up accordingly.
🎯 Target: 5 waves rise to 120.4k.
📩 Real-time positioning and risk management can be inquired about via private message.
#BTC #加密货币 #Bitcoin