#美联储降息展望 The Fed's interest rate cut decision will be officially announced at 2 AM tonight. Although a 25 basis point cut has been anticipated by the market, the real focus for investors is the direction of Bitcoin's price movement after the cut takes effect.

The current market rebound has not fully taken shape, and the previously anticipated trend target of 112,000 points has not been achieved, while the market prematurely ended at 116,500 points. The downward trend yesterday also lacked obvious negative catalysts, making it difficult to judge.

Yesterday, Bitcoin started to decline after reaching 116500 points, breaking through the upward trend line, and the bullish momentum has temporarily weakened. Today's intraday trading advice: Investors considering short positions can focus on entering around 113700 points; investors seeking long opportunities can look at the range of 111300 to 110300 points, accumulating positions in batches, with an initial target of 115500 points.

There may be three trends in the market after the interest rate cut:

First of all, if the Fed sends dovish signals, such as suggesting that it may continue to cut interest rates in the future, the price of Bitcoin may rise in the short term, but one should be wary of the "buy the rumor, sell the news" phenomenon. If the price breaks through but fails to surpass the previous high of 116500 points, a double top pattern may form, and it is not advisable to blindly chase the high at this time.

Secondly, if the Fed releases hawkish signals, such as emphasizing inflation risks or hinting at a pause in rate cut plans, Bitcoin is likely to drop to the support level of 110300 points. If this position cannot be held, the next key support area will be 108000-107000 points. During this stage, it is advisable to cautiously hold long positions and avoid hasty bottom fishing.

Finally, if the Fed maintains a neutral stance and does not reveal any clear policy direction, the Bitcoin price may fluctuate within a narrow range of 110300-113700 points, waiting for a new direction to form. In this case, trading frequency should be reduced to avoid consecutive stop losses caused by frequent operations.

Overall, Bitcoin is at a critical turning point, and the K-line pattern and trading volume performance in the first hour after the rate cut in the early morning will directly affect the short-term trend. Regardless of the trading strategy adopted, setting a reasonable stop-loss is crucial, and do not bet on a one-sided market. $BTC