Every fluctuation of the Candlestick reflects the underlying nature of humanity—greed during a rise makes people chase the price, while fear during a dip causes them to Cut Loss and exit. True calmness does not lie in momentum investing but in certainty of value and adherence to rhythm. Late last night, Bitcoin's market first rebounded slightly to a high point around 111963 before stopping, followed by a strong decline as the Fed's monetary policy meeting was held, with the price hitting a low of 109200 during the midnight session. The price then warmed up slightly, but the momentum was not strong, remaining oscillating around 111000 until the early morning. Ethereum's midnight market also saw a strong dip from a high of 4017 to a low of 3836 before rebounding, and by morning, the price had warmed up to a high of 3918.

On the news front, the Fed announced a 25 basis point rate cut to 4% and decided to end quantitative tightening on December 1. Powell stated that inflation levels are nearing the target, while emphasizing that it is not yet determined whether there will be further rate cuts in December. Overall, this policy is favorable for the market's medium to long-term trends, and bulls still have a good upward expectation. Observing from the daily level, the price did not accelerate downward after breaking the middle track but instead showed a stop-and-go trend. Affected by the news, short-term market fluctuations have intensified, but this does not signify the formation of a bearish trend. Currently, both bulls and bears are in a fierce tug-of-war, with the market exhibiting a dip followed by an immediate rebound, without a clear unilateral weakness pattern. For intraday operations, it is recommended to first pay attention to the strength of the bulls' rebound and respond flexibly to market changes. If the market breaks below the previous low again, consider following up with short positions.
Operation suggestions:

Bitcoin: can chase the price around 110000, target looks at 113000
Er Bing: Around 3850 can be played for suckers, target at 4100.
$BTC $ETH