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The Federal Reserve has been messing around all night, completely disrupting market sentiment!
The real highlight of the midday BTC session is just beginning!
Remember one core principle: the 12-hour EMA52 is the current boundary between bulls and bears, and the main players are fighting over this level.
As long as the support at 74,800-74,900 holds, the bulls still have confidence, and there’s still room for a rebound;
Once this level is broken decisively, the short-term bulls will be wiped out, and a deep correction will begin. Even if there’s a rebound in the middle, it will be a weak bounce, and the overall trend will turn bearish.
The market is very delicate right now, so don’t chase orders blindly or hold onto positions stubbornly!
Be patient and keep a close eye on this key level at 74,800-74,900, and wait for a clear direction before entering.