BTC is ready for growth. The first price target is 89500. This morning's speech by Powell was the same as last time; there is no rush to lower interest rates, the same routine and formula, almost unchanged. The market's response showed almost no impact. Powell's hawkish speech only led to a drop of about 800 dollars, decreasing from approximately 96600 to 95800. It is worth noting that 95800 is just above the volatility range of 92700-95700, and this key support has not been broken. I mentioned yesterday that if we break through the position of 95700, it would be a bullish signal, and this time the pullback did not breach this support level, thus this signal is bullish. Powell's speech not only failed to break the key support level, but it can be said that it had no impact on BTC. During the hawkish remarks, BTC reacted little, proving that in the short term BTC is still signaling upward movement. The decision not to lower interest rates did not affect the BTC trend; it seems that the market has long digested and accepted a bearish sentiment regarding the non-reduction of rates. For short-term trades, we can open long positions around 95700. The first take profit level is around 97000, and the second take profit level is 98500. If it reaches 98500, a short position can be opened, keeping in mind the need to maintain a small position, as there may be a need to add more later. The above is for reference only; please open positions under the guidance of professionals, as adjustments may be made based on actual conditions. $BTC #BTC

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