#BTC The overall trend of BTC is still fluctuating within the 12h Bollinger Bands, but it is gradually narrowing down to the 4h Bollinger Band range.
- Before Wednesday’s rate cut, you can consider using short-term trading strategies within the 4h Bollinger Bands (buy low, sell high or short high, cover low). - After the rate cut on Wednesday, a relatively violent fluctuation is expected. Considering that the rate cut has already been priced in and the probability of another rate cut in January is only 27%, the likelihood of a "sell the news" event is high. If there is a bull trap, you can consider setting up short positions in advance.
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#BTC The overall trend of BTC is still fluctuating within the 12h Bollinger Bands, but it is gradually narrowing down to the 4h Bollinger Band range.
- Before Wednesday’s rate cut, you can consider using short-term trading strategies within the 4h Bollinger Bands (buy low, sell high or short high, cover low).
- After the rate cut on Wednesday, a relatively violent fluctuation is expected. Considering that the rate cut has already been priced in and the probability of another rate cut in January is only 27%, the likelihood of a "sell the news" event is high. If there is a bull trap, you can consider setting up short positions in advance.