The interest rate was announced in the early morning, remaining unchanged, with no rate cuts, and $BTC went through a pullback. Subsequently, Trump said there would be significant favourable information announced at ten o'clock tonight, causing BTC to rise and directly break through the resistance level of 99500.
To be honest, I feel that the market is overreacting to this so-called Favourable Information. Negotiations do not necessarily mean that the results will all be favourable. I believe Trump will still come up with various tricks for the interest groups he represents.
After this whole segment of the pullback for 大饼, it's still expected to see a pullback. Even if it breaks through 99500, the upper range is just around 102-105. It rose from 75K to 100K, and there's no need to gamble in the small space above. The market is currently still in a bullish trend, and we should consider going short only when the hourly level shows a bearish signal. Frequent attempts to short on the left side have caused too much wear and tear.
Intraday resistance level 99500 Intraday support 97800 96000 95100 #BTC
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The interest rate was announced in the early morning, remaining unchanged, with no rate cuts, and $BTC went through a pullback. Subsequently, Trump said there would be significant favourable information announced at ten o'clock tonight, causing BTC to rise and directly break through the resistance level of 99500.
To be honest, I feel that the market is overreacting to this so-called Favourable Information. Negotiations do not necessarily mean that the results will all be favourable. I believe Trump will still come up with various tricks for the interest groups he represents.
After this whole segment of the pullback for 大饼, it's still expected to see a pullback. Even if it breaks through 99500, the upper range is just around 102-105. It rose from 75K to 100K, and there's no need to gamble in the small space above. The market is currently still in a bullish trend, and we should consider going short only when the hourly level shows a bearish signal. Frequent attempts to short on the left side have caused too much wear and tear.
Intraday resistance level 99500 Intraday support 97800 96000 95100
#BTC