Morning Big Cake Analysis

Yesterday, Bitcoin saw a round of deep pullback, with the intraday decline nearing 3,000 points. In recent times, multiple macroeconomic and industry events have continued to disrupt the market. As a result, more price-catalyzing factors have emerged, and overall uncertainty has risen significantly. This Thursday early morning, the Federal Reserve interest rate decision will become the key focus and is drawing close attention from the market. The four-hour Bollinger Bands are tightening overall, with the coin price trading near the lower band; the MACD energy histogram continues to contract, and short-term upside breakthrough momentum is insufficient. In terms of trading, do not blindly chase higher. Before the key resistance level above can be effectively broken, it will be difficult to kick off a new upward run. Overall, the main strategy is to go long on rebounds to higher levels.

Recommendation: Go long around 775-782; first target: 765; second target: 760#比特币突破7.9万美元 $BTC .