#BTC再创新高
12/17 Bitcoin Market Insights
Market Overview:
Last night, Bitcoin (BTC) continued to rise, nearing 107790, with a strong bull market sentiment fueled by ETF and spot fund inflows, and the current market sentiment is very strong.
Upcoming Federal Reserve Decision:
Federal Reserve Rate Cut Expectations: If a 25 basis point cut occurs, market FOMO sentiment may exacerbate short-term volatility, requiring close attention.
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Key Support and Resistance:
Lower Support: Pay attention to whether the 103000-102000 range can hold.
Upper Resistance: Focus on the breakthrough of 108000; once broken, the target may point to 110000.
Summary:
The current market is strong, but attention should be paid to the short-term volatility brought by the Federal Reserve's decision, and key support and resistance ranges should be monitored.
