The Federal Reserve has officially stopped quantitative tightening (stopped QT), but it does not mean that it will immediately start easing; it may take some time before quantitative easing is officially announced. According to historical experience, after QE starts, the correlation between cryptocurrency and stocks will lead to a wave of price increases for BTC, but whether it can sustain a long-term bullish market sentiment currently seems insufficient. $100,000 remains a significant resistance level for BTC.

If we focus on short-term levels, the following points need attention:

BTC

A very good support level is around 86588, but the current price of 89000 is a bit far away. $84,000 is the lowest point of this week and hasn't been tested again. The extreme point starting with 7 is too far away. We made profits on long positions at 90888 twice this week, but after triggering a break-even, we didn't re-enter.

The immense resistance level for an upward move is around $100,000, where there is significant selling pressure due to the trapped positions and the resonance points from last year. $BTC

ETH follows the points of BTC; last month we often traded Ethereum contracts, and this week we made a short-term short and also made some profits. I'm quite interested in the support level of ETH around 2850.