9.17, Thursday, big pancake (BTC), morning outlook

After the early-morning decision landed to raise rates by 25 basis points, the big pancake poked its needle and washed the market, without dropping much—truly beyond expectations! This shows strong position-control capability! Not falling now doesn’t mean it won’t fall; the market is currently consolidating around 75,700.

This round of back-and-forth in the night is only a short-term consolidation and wash. The downside is still brewing; it hasn’t changed the overall bullish-bearish structure. Resistance remains above. Today’s overall plan stays the same—continue to look for a decline.

In terms of operations:
On a rebound, consider the 76,200–76,700 range as resistance for a short. The first target is the 75,000 level. If it breaks down, continue to look at 74,000. Around 73,000 $BTC #Zcash上涨6% #美联储加息是否已成定局