Good morning, brothers! Last night, Bitcoin (BTC) was so strong, and it continued to rise again, almost reaching 107790. It is hard to say where the top is in the bull market, after all, Bitcoin is the weather vane of the crypto market. At present, a large amount of ETF spot funds are pouring in, and all kinds of signs are "supporting" it. It makes no sense if it is not strong!
However, the Federal Reserve will announce the interest rate cut decision the day after tomorrow. If it really cuts by 25 basis points, the market FOMO sentiment will rush up, and there is a high probability that it will usher in a period of violent fluctuations. We have to keep a close eye on it. Pay attention to whether the 103000 to 102000 area can hold up below, and see if 108000 can be successfully broken through above. Once it breaks through, it is not impossible to attack 110000!
