From the perspective of the hourly chart, after a spike in the coin price in the early morning, a pullback occurred, and the K-line has continuously closed in the red. After a rise in the morning, the bullish momentum has temporarily exhausted. The current coin price has not broken the previous high and is fluctuating near the middle band of the Bollinger Bands. In the short term, it is highly likely to first retrace and gather strength before starting a rising trend.

Trading suggestion: Enter a long position for Bitcoin around 117,000, targeting 119,000. #美联储取消创新活动监管计划 $BTC