In the early hours of the Federal Reserve meeting, Powell released favorable news regarding interest rate cuts, leading to a broad market rally. Bitcoin approached around 117400, while Ethereum reached a new high of 4888.

Subsequently, there began a slow pullback. Bitcoin is currently retracing to 115500, touching support and starting to strengthen, indicating that the pullback is basically over.

Currently, Bitcoin can be traded around 115000-115500 (aggressive traders can consider adding positions) with targets of 1167-1174-1180.

Ethereum can be traded around 4660-4690 (aggressive traders can consider adding positions) with targets of 4750-4800-4840. #ETH创历史新高 $BTC $ETH