$BTC Review
Maintaining this view: The market is still in an adjustment period, within the range of $81000~85000, showing slight strength.
$BTC Review
Powell's speech at 1:30 AM triggered a massive shock in the market.
Before 1:30, the market rebounded by ~$2000, anticipating a statement related to interest rate cuts;
At 1:30, it started to pull back, as expectations were about to materialize and there was a need to hedge;
The market continued to pull back by ~$2000, as the statements did not meet expectations....
The market is still in an adjustment period, within the range of $81000~85000, showing slight strength.
Powell's speech at 1:30 AM triggered a massive shock in the market.
Before 1:30, the market rebounded by ~$2000, anticipating a statement related to interest rate cuts;
At 1:30, it started to pull back, as expectations were about to materialize and there was a need to hedge;
The market continued to pull back by ~$2000, as the statements did not meet expectations....
The market is still in an adjustment period, within the range of $81000~85000, showing slight strength.
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BTC
94,680.89
+1.59%