BTC Market Analysis

Last night's market was relatively gentle; Old Powell's speech surprisingly caused a decline of over 2000 points. Is this a good thing or a bad thing?

In terms of trends: Bitcoin has entered a phase of range-bound fluctuations over the past two days, in a relatively small high-level range.

After such fluctuations, once a direction is chosen, a strong move will follow. Currently, pay attention to the resistance level above at 86500 and the support level below around 83000. Let's see which direction breaks out! #BTC