$BTC
Summary of the Core Content of the Federal Reserve FOMC:
1. Maintaining a "data-dependent" approach to future policies, with inflation levels slightly above the target, emphasizing close monitoring of employment, inflation, and consumer spending performance.
2. The inflation path is slow but improving.
3. Predictions regarding the policy path should focus on the short term, while long-term forecasts are more challenging;
4. Dot Plot Guidance: Only one rate cut may occur this year;
5. Expect inflation to rise significantly in the coming months, current monetary policy has slightly tightened, but is not fully restrictive;
Bitcoin continues to test the support zone around 103500, despite multiple rebounds, the downward trend remains unchanged.
Around 103000 is the market sentiment dividing point, with trading volume extremely sluggish, waiting for a directional breakout. If it breaks below, the support below looks towards 95000.
Bitcoin Resistance Levels: 105500–106500
Support Levels: 103500–102500
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