9.16 BTC
Last night once again saw both sides get punished—longs and shorts—down about 3.3%. The “Clarity Act” was unable to be successfully advanced last night, and the price slid all the way to 74,900.
Earlier, BTC surged to 82,200 and then kept falling. Now it has broken below the key support from the prior rebound, so on the 4-hour timeframe we can’t treat this as a simple pullback—bears have regained control.
In addition, the macro environment is not friendly for risk assets. Today is the Federal Reserve’s rate decision day, and the probability of a rate hike briefly rose to 98%.
In the short term, it’s fine to look for a rebound trade.
Intraday, consider going long around 75,200. If price fails to break through the 77,500 level with effective volume, then flip to short; the target is 74,500.#美联储加息是否已成定局
Last night once again saw both sides get punished—longs and shorts—down about 3.3%. The “Clarity Act” was unable to be successfully advanced last night, and the price slid all the way to 74,900.
Earlier, BTC surged to 82,200 and then kept falling. Now it has broken below the key support from the prior rebound, so on the 4-hour timeframe we can’t treat this as a simple pullback—bears have regained control.
In addition, the macro environment is not friendly for risk assets. Today is the Federal Reserve’s rate decision day, and the probability of a rate hike briefly rose to 98%.
In the short term, it’s fine to look for a rebound trade.
Intraday, consider going long around 75,200. If price fails to break through the 77,500 level with effective volume, then flip to short; the target is 74,500.#美联储加息是否已成定局
