The crypto circle has exploded again tonight! The Federal Reserve just cut interest rates by 25 basis points, and Powell's statement has stirred the market into chaos: 'A rate cut in December is not set in stone.' Stimulated by this news, BTC has been fluctuating around 110,000, and on Hyperliquid, the whales have split into two major camps: 'bulls' and 'bears,' operating fiercely!
News:
First, let's see how the whales are playing: there is an insider with a '100% win rate' who bought BTC long positions at 111,000 yesterday and now holds 1.13 billion, and today he added more ETH long positions; on the other hand, the 'calm order king' shorted BTC, making a profit of 40% on a short position of 112,200; meanwhile, whales are stubbornly holding ETH, with a floating profit of 300% over 19 days, and they are not selling at all! But while some rejoice, others worry as the 'opponent' whale shorted ETH, directly earning 60%; there are also whales who opened BTC short positions, and they are close to breaking even now.
What does this indicate? Whales are betting on Powell's 'uncertainty'! Some believe the interest rate cut cycle has just begun and are bottom-fishing; others are afraid there won't be an interest rate cut in December and are preemptively leaving.
Technical analysis:
BTC 1-hour chart is more intuitive: the upper resistance at 114000 is strong, 112000 and 111000 are also key levels; the lower boundary at 109000 is the baseline, with support around 110629. Currently, the MACD yellow and white lines have dropped below the 0 axis, showing a clear death cross signal, and the technical outlook is bearish. However, Powell's statement that 'December is not necessarily a cut' has added another layer of market entanglement, with both positive and negative factors twisting together, causing the price to hover around 110000.
My opinion is straightforward: the turning point is in these two days! Whales are in a tug-of-war, indicating that neither side has absolute confidence, so we retail investors should not chase blindly.
Operation suggestion:
Radical Party: If you want to test the waters, take a small position near 110000, set the stop loss at 109500, and if it breaks, get out. Don't hold on stubbornly;
Conservative Party: Let's wait and see! If BTC breaks through 112000 with volume, then go long; if it breaks below 109000, then play with short positions. Remember, the whales have significant disagreements, don't follow their all in!
Is Powell's statement reliable? Are the whales still 'battling' each other or are they on the same front? Remember, the more chaotic the news, the calmer you need to be! Want to understand policy trends at the first moment? Follow Jin Min, tonight in [Jin Min Village] he will teach you how to layout strategically; retail investors can also win effortlessly!
