๐Ÿ˜ฑIs Bitcoin going to explode tonight? The Federal Reserve's interest rate decision is coming! Here's how the market might move quickly



Attention everyone! The main event of the Federal Reserve's interest rate decision is tonight, and Bitcoin is likely to experience significant volatility. Do not operate blindly; read carefully!

1. Historical patterns are frightening

Since September last year, over half a year ago, every Federal Reserve interest rate meeting has been followed by a big drop in Bitcoin!
Each decline has been between 10%โ€“30%, with no exceptions in the past five meetings.
Will tonight replicate a sharp decline again?

2. Market trend forecast

Most likely, it will pull back!
But it won't drop to the bottom in one day; it will fall a bit, rebound, and then gradually decline.
Based on past patterns, this adjustment should last about 7 days.
Conservative estimate: Bitcoin will see an overall correction of around 10% over the next 7 days.

3. Key BTC levels + trading ideas

Strong support below: 74.5k, 70.5k
Yesterday, it already retested 75.5k, and the correction has begun to materialize.
We have already taken partial profits on high leverage positions in advance, locking in gains, and will continue to short on rebounds.

The short-term rebound has already started. Resistance is around 78k; just place short orders at that level. Stay calm and continue to seize the market opportunities!$BTC $ETH $SOL
BTC0.2%
ETH0.47%
SOL-0.08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments