Rate Cuts 🟰 Positive Surge This is the widely acknowledged expectation
In the past few days, $Btc has fluctuated back and forth by two thousand points, with a clear bullish trend in the short term. However, such grinding increases won't reach one hundred thousand, as there is heavy pressure above. Only when we see a large bar on the hourly level breaking through 95600 with volume can we surpass one hundred thousand. On the market, Japan has paused interest rate hikes, which is considered positive. Now that we have reached the pressure level, it's not suitable to go long here. Pay attention to the short-term resistance levels: 95600 for Bitcoin, 1830 for Ethereum, and 153 for Solana. On Friday, there will be non-farm payrolls and unemployment rates. It is expected that the Federal Reserve's direction will only be clear after the meeting on the 8th.
