Short-term interest rate futures continue to bet that the Federal Reserve will cut interest rates in June and are expected to cut rates three times in total by 2025, previously stating that the Fed does not need to rush into action!

Market Review

Currently, Bitcoin is influenced by news after 10 PM last night, with bearish energy continuing to test downward. It is currently constrained by support below 85,600, and the Kdj line has also reached a golden cross. There are signs of increased bullish energy, and the TD series indicates a clear reversal signal from the hourly chart, but the upper space is limited. Therefore, we can go long during the day!

Recommendation to go long at 85,700, targeting 86,700/87,100.

If the upper resistance at 87,300 cannot be effectively broken, consider shorting at $BTC $ETH #白宫首届加密货币峰会 #BTC #ETH .