The Federal Reserve cut interest rates by 25 basis points early this morning, but BTC did not break out on the news. Instead, it experienced a "buy the rumor, sell the fact" rebound followed by a pullback. The core issue lies in the hawkish guidance on the future rate cut path—market expectations suggest the next easing window may be delayed until mid-next year. Short-term liquidity benefits have been overextended in advance, and the news is unlikely to provide sustained upward momentum.
From a technical perspective, the previous ascending triangle pattern has not been broken, but the trend shows obvious weakness, with prices retesting key support zones. Compared to the initial plan to enter below 90,000, current focus should be on the effectiveness of defending the core range of 88,000-89,000. This area is not only a previous high-volume trading zone but also the last short-term defensive line for bulls.
Trading strategy: For those already in long positions, it is recommended to prioritize taking profits to avoid downside risk during volatile oscillations. Those not yet in should not rush to bottom fish; patiently wait for the price to retest the 88,000-89,000 zone for confirmation of support. If signals of reduced volume and stabilization appear, consider establishing long positions directly. From a trend perspective, despite short-term pressure, the macro easing environment remains unchanged. A rebound wave could still be brewing, with the key being the quality of support level defense.
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#加密市场反弹
The Federal Reserve cut interest rates by 25 basis points early this morning, but BTC did not break out on the news. Instead, it experienced a "buy the rumor, sell the fact" rebound followed by a pullback. The core issue lies in the hawkish guidance on the future rate cut path—market expectations suggest the next easing window may be delayed until mid-next year. Short-term liquidity benefits have been overextended in advance, and the news is unlikely to provide sustained upward momentum.
From a technical perspective, the previous ascending triangle pattern has not been broken, but the trend shows obvious weakness, with prices retesting key support zones. Compared to the initial plan to enter below 90,000, current focus should be on the effectiveness of defending the core range of 88,000-89,000. This area is not only a previous high-volume trading zone but also the last short-term defensive line for bulls.
Trading strategy:
For those already in long positions, it is recommended to prioritize taking profits to avoid downside risk during volatile oscillations. Those not yet in should not rush to bottom fish; patiently wait for the price to retest the 88,000-89,000 zone for confirmation of support. If signals of reduced volume and stabilization appear, consider establishing long positions directly. From a trend perspective, despite short-term pressure, the macro easing environment remains unchanged. A rebound wave could still be brewing, with the key being the quality of support level defense.