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Tonight at 2 AM, the major interest rate decision is starting
Expect a 25 basis point cut…
During the day, Bitcoin surged higher, then pulled back before the data release
The analysis of tonight’s trend is as follows:
1. If there is no rate cut:
Bitcoin will directly fall below 110,000, then enter a period of oscillation and rebound for a few days before falling again!
2. If there is a 25 basis point rate cut:
Bitcoin will directly rise to around 115,000
A few days of bull trap at high levels before falling again
…
In other words, whether or not there is a rate cut,
The year-end trend is likely a bearish trend…
Most are waiting in oscillation for the big bull to arrive after the New Year
…
Tonight’s data only influences the short-term market trend…
Friends staying up late can consider the above analysis for their trades
It’s best to wait for the data to come out, preferably after Powell’s speech, before looking for entry opportunities…
If you want to position early:
You can lightly buy around 111,000, with a stop loss of 800–1,000 points, aiming to catch the surge after the data release and close in profit!
Remember to raise your stop loss to lock in profits before the data release!
What do you think the market will do tonight?
Vote now!