Brothers, it's Wednesday. Bitcoin reached a new high of $108,400 yesterday. Early on, I mentioned that this bull market exceeds expectations; understanding is closely related to gains. Investors know they should go long in a bull market but often struggle with self-control. The key is to align knowledge and action.
This week's focus is the Federal Reserve's interest rate decision early Thursday morning, which is expected to result in three consecutive rate cuts of 25 basis points, potentially slowing down or stopping further cuts, benefiting the crypto market with new highs for Bitcoin. Currently down by 2,000 points, I recommend going long with the trend instead of panic selling. This morning, it stopped falling at 105,200 and rebounded, with support holding effective. As long as the trend remains unchanged, we should continue to go long, even if there are fluctuations.
Short-term BTC operations this morning: long at 105,300 - 105,800, target 107,500 - 108,500. If the situation is good, we can keep winning. If it's hard to determine the direction, let's proceed together and create brilliance.
