Thursday Morning BTC Jingyi Trading Strategy Analysis



Last night after listening to Master Bao's speech, I initially planned to send him off, but the conclusion was just a change of position, still releasing hawkish signals. The Federal Reserve kept interest rates unchanged, emphasizing high inflation and delaying the expectation of rate cuts this year. Market panic sentiment fermented early, and capital fleeing drove prices to decline as expected overnight, precisely testing the key support level at 750.

Bitcoin surged yesterday, testing resistance at 778 and then pulling back. After the FOMC decision was announced early morning, the daily and 4-hour charts showed a break below short-term moving average support, with moving averages in a bearish arrangement, establishing a short-term downtrend. For short-term rebounds, watch the 770 resistance level; if the rebound fails to break through, consider short positions accordingly, with short-term targets around 750 to 738. #WCTC交易王PK
BTC-1.36%
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