Analysis of the Market

     Since the beginning of April, BTC has remained in this upward trend, defined as a weekly level rebound, with a long duration and significant upward movement! After a substantial rise in the earlier phase, it has now reached the end of this upward movement, reminding everyone to pay attention to potential declines from high levels! 

      The Federal Reserve's interest rate meeting early today announced that the interest rate would remain unchanged, in line with market expectations. The market showed a pattern of falling first and then rising, subsequently breaking through previous high points; therefore, the impact of the early morning interest rate meeting and Powell's speech on the market was minimal! 

           Today, pay attention to the upper resistance at the 99300~99800 level, with strong support below at 94000~93500.