Even if we reach the interest rate cut window, Bitcoin may not necessarily rise. The market often moves based on expectations first. A rate cut in July and a pin bar in June may present opportunities for a significant one-sided pullback.
If it falls, various negative news may indicate a potential entry for the whales; if it rises, various negative news may signal a potential exit for the whales, selling the profits bought from pessimists to optimists.
BTC is forming a new value center at the $100,000 mark. The recent 5,000-point sharp drop has completed the chip cleaning process. After a short-term adjustment, with the strengthening of interest rate cut expectations, a new round of market activity is anticipated.
Key support: The ETH 4-hour EMA 252 moving average can serve as a reference for a stable entry.
PS: The hour chart shows a top divergence indicating increased upward resistance. Don't over-FOMO; be cautious of pullback risks~~
