Something important is coming! Tonight at 10 PM Beijing time, the Federal Reserve Chair Powell will deliver an important speech.
$BTC is going crazy with spikes around 80,000 USD. The main force has already liquidated a round of both long and short positions. Tonight at 10 PM, the public speech will definitely set the direction: a hawkish tilt likely means a topping and pullback; a dovish stance means it’s a straight launch.
The market’s pressure zone is now at 81,000–82,000. If it pushes up, selling pressure will press it back. On the chart, the bulls’ push is clearly losing steam. However, inflows on-chain are still continuing. Brothers who want to enter can wait for a pullback to the support level at 79,555 and then go long with a small position; the target is temporarily set at 81,000.
For the more steady-minded brothers, you can wait until the speech is released and the details land before making a decision, or go to the homepage chat room to get detailed trading operation guidance and more entry points (updated daily).#比特币守于7.94万美元
$BTC is going crazy with spikes around 80,000 USD. The main force has already liquidated a round of both long and short positions. Tonight at 10 PM, the public speech will definitely set the direction: a hawkish tilt likely means a topping and pullback; a dovish stance means it’s a straight launch.
The market’s pressure zone is now at 81,000–82,000. If it pushes up, selling pressure will press it back. On the chart, the bulls’ push is clearly losing steam. However, inflows on-chain are still continuing. Brothers who want to enter can wait for a pullback to the support level at 79,555 and then go long with a small position; the target is temporarily set at 81,000.
For the more steady-minded brothers, you can wait until the speech is released and the details land before making a decision, or go to the homepage chat room to get detailed trading operation guidance and more entry points (updated daily).#比特币守于7.94万美元
