#美联储降息展望 Bitcoin has entered a new rising cycle, with market focus shifting to the impact of Fed policy.

At 2 a.m. today, the Fed is about to announce its interest rate decision, and the market generally expects a 25 basis point rate cut. This policy change may lead to a shift in the flow of funds in traditional financial markets. It is worth noting that the gold market has recently shown weakness, while looking back at the trend after last month's rate cut, Bitcoin began a significant rise within a week and surpassed its historical high during the National Day holiday.

As the Fed continues to implement interest rate cuts, some funds from traditional safe-haven assets like gold are likely to flow into the digital currency market. Given the current situation, there is a considerable possibility that Bitcoin will rise above $120,000 in the last two months of this year.

From a trading strategy perspective, both short-term and medium-term trends show positive signals. A long position can be considered below $112,000, with $111,000 set as the risk control point, and the target price initially aimed at $116,000. If a successful breakout occurs, attention can then be directed towards the $120,000 level.