Daily Trend Analysis: Bitcoin closed yesterday with a small doji, and the bearish volume did not show significant weakening. After the Federal Reserve's interest rate decision was announced last night, a bullish engulfing pattern appeared on the 4-hour chart, but the trading volume was insufficient, not meeting the technical requirements for an effective bullish engulfing. Overall, last night was an invalid volatile market with very small amplitude, and the price did not break through the oscillation range before and after the announcement. Today's operational strategy mainly focuses on being cautious in a generally bearish news environment, shorting at the resistance levels of 106750 and 108200, and waiting for confirmation of the key support area of 99000-97500 for longing.#美联储FOMC会议
ETH Ethereum key monitoring ETH/BTC trend line, looking for shorting opportunities at the overlapping position of the quadruple harmonic pattern at 2600.
Previous Review: The Federal Reserve's decision to maintain interest rates was expected, but the key change lies in the adjustment of the dot plot compared to March, with lowered expectations for interest rate cuts.#鲍威尔发言
Resistance Level 1: 108,200 (Bearish Bat Pattern; an effective pullback is expected when price reaches this level after a subsequent surge)
Resistance Level 2: 106,750 (M Top Pattern Resistance Level; key resistance on the hourly chart)
Resistance Level 3: 108,250 (Position of Bearish Bat Pattern)
Support Level 1: 99,000 (1.13 False Breakdown Position + Overlapping Bullish Crab Pattern)
Support Level 2: 97,500 (Bullish Gartley + Bullish Butterfly + Overlapping Maximum Level 0.382 Retracement)$BTC
For more detailed point analysis, please watch today's market analysis video, which contains detailed explanations! Follow A-Leng to study K-line, and we will meet at the peak together! Follow closely to avoid getting lost and receive the latest daily point interpretation!
