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$$BE 198.6—down 16% in 24 hours. This isn’t a “halving”; it’s the U.S. Federal Reserve’s slap that knocks altcoins back into their original shape. BTC’s rebound fizzled out as capital went on a frantic escape ahead of the interest-rate decision. Even BlackRock’s $800 million purchase isn’t enough to prop things up, and retail positions have shrunk by 12%.
BE hits the low of 198.6; it cuts through like a swing-and-a miss near the historical high—panic selling is still being dumped. Technicals can’t stop it; support is seen at 180. Smart money entered last week to buy the dip, but today they’re all being shut down—if this rebound can’t get back above 210, then tomorrow goes straight to ICU.
Trading advice: wait for 200 to pull back and stabilize before going long; set a stop-loss at 195, take-profit at 210, and use a 1/10 position size—don’t gamble on guessing the bottom of the rebound. In my watchlist, BE and BTC are on the same screen: every time before inflation data comes out, panic stampedes get triggered. This time, whoever runs first makes money. “Did you catch this wave of opportunity?”
Bitcoin has now reached one of the most important levels on the 4H chart — the MA200 around 62.8K. This level could decide the next major move.
Right now, the market is sitting at support, but buyers need to defend it quickly.
⚡️ 3 Scenarios From Here