The volatility of BTC in the past two days has indeed been too small. Yesterday's low was 934 and the high was 951. Today it dropped to 933, with an overall fluctuation of less than 2000 points. This trend can only be traded by positioning to achieve cost-effectiveness.

Yesterday, I placed orders at 950-953 and profited from a wave; the current price is 94. I will continue to wait for a position. If it retraces to 950-953, I can still look for a downward movement.

As for the lower level, I will only consider buying long at the support level of 925. I will not consider other positions for now as they do not offer good cost-effectiveness, and there’s no need for that.

The Federal Reserve's interest rate decision is due early Thursday morning. Right now, we are waiting for this moment to see what Powell will do: whether he will continue to stand firm against Trump to clear his name or compromise and fulfill Trump's long-standing wishes!

#美联储FOMC会议