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Big news tonight, the Federal Reserve's interest rate decision at 2:00 AM!
This morning's early trading still predicts a rebound in the evening, allowing you to hold your long positions from last night securely!
This is where the profit comes in;
After the interest rate decision is announced, it will be a global Labor Day, followed by another wave of traditional financial market closures worldwide, a moment for the crypto market to dance alone;
This week, there have been some small positive signals regarding the US-Iran conflict, so there are still market opportunities to look forward to during the May Day holiday!
The biggest impact of tonight's interest rate decision is actually on the US dollar index, which is the focus for forex traders, followed by gold, then crude oil, and finally the crypto market;
So tonight, if BTC stabilizes above 77,500 before the announcement, the probability of sharp fluctuations increases; if it completes a quick test of support in advance, then after the announcement, the probability of continuing upward to test resistance levels is high. As for the much-anticipated crash below support, based on my current judgment, I am not very convinced!