#美联储降息预期 9.7 Evening BTC Operation Viewpoint:

Bitcoin's recent decline has stabilized around 110,000, and now the price

is starting to rise. From the market perspective, the bullish momentum has

strengthened again; the moving averages have started to turn upwards, and

trading volume is increasing, providing strong upward momentum in the

short term. Moreover, the Federal Reserve is almost certain to cut interest

rates, and once the market begins to "loosen up", funds will flow into high-

risk assets, which Bitcoin is sure to benefit from.

However, don’t think that a one-sided bull market is coming immediately; the

upper range of 117,000-120,000 is where the greatest pressure lies. Only

with increased trading volume and a breakthrough of this range can a new

upward movement be initiated.

The current market situation can only be described as "strongly volatile";

in the short term, one can look bullish along the upward trend, but it is

important to set stop losses, or else one might easily be deceived by

false breakouts!

My personal trading suggestion is to buy around 110200-109400 to go long,

with an initial target price of 113500, and then look up to 117000!