$BTC No rate hike, in line with market expectations. It means that there is no reason for BTC to oversell. It means that risks are eliminated and prices need to be re-estimated.

Besides, everyone on earth knows that American banks are about to collapse, and the November election must also require a loose monetary environment to win votes.

Therefore, maintaining interest rates within the year is a process, pretending to be hawkish, taking the opportunity to harvest global capital. And interest rate cuts are the result, which is nothing more than a few months earlier or later. In the long run, are these few months so important? Is there any substantial negative news?

I don't think so.

So is 56500 the bottom? God cannot predict the short-term market. But I put it here, buy BTC below 60,000 in this bull market with your eyes closed and hold it for a long time. You will definitely win.