The analyst in the square is similar to those who read fortunes based on the Eight Characters; they can determine good or bad based on the year and month of birth. You might not believe it, but he claims to have evidence from the I Ching and the Eight Trigrams. You might believe it, but it often seems like it’s true and yet not quite. Whenever he makes a comparison, he always talks about how the old Li family listened to him and what happened to them, or what happened with the old Zhang family, but he never mentions when he misjudged someone.

BTC is about to break upwards
The first round of prices aims for 89500

This morning, Powell's speech was the same as last time; there is no rush to cut interest rates, the same routine and formula, with almost no changes. The market's performance showed almost no impact. Powell's tough speech only led to a drop of around 800 dollars, falling from around 96600 to 95800. Notably, 95800 is right above the fluctuating range of 92700-95700, and this key support has not been broken. I mentioned yesterday that if we break through the 95700 position, it would be a bullish signal, and this time the pullback did not breach this support level, so this signal is bullish. Powell's speech not only failed to break the key support level but can be said to have no effect on BTC. Under the hawkish remarks, BTC had little reaction, proving that in the short term, BTC still signals upward movement. The decision not to cut interest rates has not affected BTC's trend; it seems that the market has long digested and accepted the bearish sentiment of not cutting rates.

For short-term operations, we can set up long positions near 95700. The first take-profit level is near 97000, and the second take-profit level is 98500. If it reaches 98500, a short position can be set up, remembering to keep a small position, as there may be a need to add more later. The above is for reference only; please open positions under the guidance of professionals as adjustments may be made based on actual conditions.