$BTC
Break below 103000
Very likely starting with 9, looking down at 99400 99300
Short-term trend looks like a triangular fluctuation, feels like today is the day to choose a direction, personally I think the possibility of breaking upwards is greater!
Yesterday, Powell spoke and there was a key point, he said that during every economic recession, the Federal Reserve usually cuts interest rates by an average of 500 basis points. He also emphasized that while a zero lower bound is no longer a high probability situation, it is necessary to retain methods to respond to risks.
This translates to: as long as economic data shows a recession, the Federal Reserve will definitely take decisive action, cutting interest rates directly to 0%, or even implementing negative interest rates!
So there's no need to worry about the economy, rather than worrying, it's better to seize the opportunity to act when the time is right! Until a clear direction emerges, retain strength and do not enter blindly.
The subsequent market outlook is still optimistic, with a clear direction to be updated promptly, remember to follow Hashini～