Bitcoin has been rising for many consecutive days, and today there is an issuance of stablecoins, followed by an interest rate cut in the late night, with no interest rate cut being a negative signal. It seems we are going to be playing Tai Chi again.

Night market analysis:

Pay attention to the level of 96800 for Bitcoin during the night. As long as it remains above this level, the market will continue to rise. The resistance levels to watch are around 97750-98600-99350!

If it breaks below 96800 during the night, then a 1-hour level correction will begin, and the support levels to watch are around 96130-95270-94400!