#巨鲸行为分析 Currently, Bitcoin is in the rebound stage after the second round of adjustments in the four-hour cycle, with the 114 position constituting an important resistance level. If it can effectively break through and stabilize at this level, it indicates that upward momentum is strong, and it is expected to challenge the 1155 area or even higher; on the contrary, if the rebound encounters resistance at the 114 position, one should be wary of the potential further downside risk.

The meeting at 2 AM tonight will become a key factor influencing the short-term market direction, and investors need to respond flexibly based on the results of the interest rate decision:

• If a 25 basis points rate cut is implemented, the market may show a "rise and fall" trend, as the market has already largely priced in this expectation;

• If an unexpected 50 basis points rate cut occurs, it will significantly improve market sentiment and is expected to drive prices upward continuously;

• If the decision is made to maintain the current interest rate level or to announce a delay in interest rate cuts, it will release a clear bearish signal, at which point it is advisable to consider deploying a short strategy.

Intraday Technical Analysis:

$BTC needs to pay attention to the key position of 113775. Only if the four-hour cycle closes steadily above this point can it confirm the end of this round of adjustments and continue to rise. The upper resistance zones are around 114618, 115540, and 116386.

If today the four-hour period cannot close above 113775, it indicates insufficient upward momentum, and the adjustment trend will continue. The support levels worth paying attention to are around 112050, 111140, and 109850.

For $ETH, it is important to closely monitor the key level of 4040. Failing to break through this level indicates insufficient rebound strength, and downward pressure remains. The support area below is near 3997, 3962, and 3925.

Only when the closing line of the 1-2 hour period stabilizes above 4040 can we confirm the start of a short-term rebound, with resistance expected in the areas around 4084, 4130, and 4175.