0508 Thursday Early Morning Strategy:

$BTC price continues to consolidate at a high level, waiting for the Federal Reserve's interest rate decision at two o'clock in the morning. There are two scenarios: maintaining the current interest rate unchanged would be bearish; a rate cut would be bullish. The market generally expects the Federal Reserve to keep the federal funds rate unchanged in the range of 4.25% to 4.50%, with a rate cut probability of only 3.2%. Overall, the probability of no rate cut is high, while the probability of a rate cut is low.

Key focus during the night is on breaking the 97700 resistance level; if broken, pay attention to the resistance around 99500, where short positions could be considered, while managing the position size. If the one hundred thousand dollar mark can be surpassed, the add-on position would be around 102600. Support for minor pullbacks below is at 96100 and 95600; as long as these levels hold, the momentum remains. If the four-hour close breaks below 95600, it will drive the daily line to turn bearish tomorrow, and long positions should exit. #美联储FOMC会议