Wednesday, after building momentum, it rebounded—waiting for the Fed rate to take off



Yesterday, prices overall fluctuated not much. Signs of recovery and an upward turn appeared from the 62,700 level. Next is the Fed interest rate decision tonight at around midnight, which is key to breaking the stalemate

There’s little chance of a rate hike being expected in July. It’s expected that the rate will be kept unchanged. At the same time, we need to watch how the dot plot performs and the bias in remarks from this official (Watsh/“沃什”). These are key factors that will drive the market’s direction. Tonight, I’m more bullish on a rhythm of pullback followed by a rebound

Go lightly long at 63,500, add to the long at 63,000, target 68,000$BTC
BTC0.79%
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