⚠️⚠️Attention partners who followed the operations in the past two days, the next take-profit levels for Bitcoin have appeared. Decide on your take-profit points based on your trading habits. #加密市场回调
#美联储何时降息？ will be announced on the 8th of this month. This indicator will also affect the upcoming market fluctuations, with a floating range of 3%-5% likely to occur within just a few minutes!
If the interest rate remains unchanged, it means bad news for the market. If there is a downward trend in the next few days, it would be normal for there not to be a significant drop on the day of the announcement, as the news has already been priced in by the market. If Bitcoin remains around 95000 (strong support level), it may likely drop to around 92000--90000 on that day.
Of course, this is under the assumption of bad news, and it is a high probability event, not a certainty in the market. This is just a personal trading strategy for reference.
Once a downward trend forms, the next key issue is choosing the exit point. As shown in the figure below, I will point out the key exit positions for everyone’s reference:
First target: around 92000
Second target: around 88000
Third target: around 86000 (with retracement risk)
Once you commit to a trade, you must calmly accept all market changes; both take-profit and stop-loss are normal, do not fear fluctuations! Otherwise, it will be difficult to achieve continuous stable profits in trading! $BTC $ETH $SOL
