#BTC☀
《Interest Rate Announcement - Current Market Analysis》
With the announcement of the Federal Reserve's interest rate, the stone that has been hanging in my heart finally fell. After the data was released, the entire market fluctuated with the ups and downs of Bitcoin, and Powell's speech is still ongoing, so everyone needs to continue to pay attention.
As of March 9, the previous value of the Federal Reserve's interest rate was 4.5%, the market expectation was 4.5%, and the announced value was 4.5%, which met market expectations and had little impact.
Currently, it seems that Bitcoin is in a fluctuating upward trend, with the bottom having risen. The resistance mentioned yesterday near 85000 still exists, and after two days of consolidation, a support level has formed around 83000, which is key for the subsequent bullish outlook.
After breaking through the resistance near 1950, Ethereum surged and reached the resistance near 2060 that we mentioned. Looking at the 4-hour chart, it has stabilized around 2020, with the bottom also rising, and support has come to around the 2000 mark.
Federal Reserve Chairman Powell's speech is still ongoing, and the market will fluctuate with his remarks. The support and resistance at this time will be essentially meaningless. Everyone needs to continue to observe and not act blindly.
#山寨币热点
#加密市场盘整
#BTC走势分析
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