BTC intraday market 30200-29600 range fluctuations Next main focus.

1

This week's ETF re-examination results, my personal prediction is that it will not pass, ushering in a new round of downward market, here is my personal prediction.

2

The Federal Reserve meeting on the 27th of this month is likely to raise interest rates by 25 basis points, which will have little actual impact on the crypto market, but will bring a downward impact. If it can effectively fall below the 29500 first-line support, it will continue to decline.

3

The new round of XRP's strength is entirely due to the impact of XRP's $1.2 billion open option contracts and the reason for the perpetual short position of hundreds of millions! It is expected that the decline will begin when the options and perpetual long and short positions return to the normal stage.