#杰克逊霍尔会议

8.22 Morning Market Overview: The Federal Reserve's Jackson Hole meeting will not lower interest rates, BTC turns downward

$BTC BTC closed this morning with upper and lower shadow candlestick and a bearish engulfing pattern compared to yesterday. Will it continue to oscillate downward or rebound upward during the day? As the Federal Reserve's Jackson Hole meeting indicated early this morning that it will not lower interest rates for the time being, BTC turns downward again to around 12.26

BTC fluctuates back and forth around the downward trend line, 1H MACD golden cross forms but the upward momentum is weak and lacks volume; waiting for BTC to break through and stabilize at 11.26 with a solid bullish candle to go long, with a stop at the previous low of 11.2, targets at around 11.37 and 11.47; otherwise, if it breaks upward with a large bearish candle, go short with a stop at 11.32, targets at 11.17 and 11.11

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