NotSpicy
The Federal Reserve's release of a hawkish signal of 'only two rate cuts next year' is interpreted by the market as short-term Unfavourable Information, but this impact is usually digested within 24-36 hours. The following is a detailed interpretation of the market and operational suggestions:
BTC, ETH market trend review BTC trend
In the early morning, the pullback to the 1-day Boll midline (around 10w) is in line with the prediction. If affected by Unfavourable Information, the lowest possible pullback may occur at this level.
Key Levels for the Day:
Resistance Level: 102300
Support level: 9
View OriginalBTC, ETH market trend review BTC trend
In the early morning, the pullback to the 1-day Boll midline (around 10w) is in line with the prediction. If affected by Unfavourable Information, the lowest possible pullback may occur at this level.
Key Levels for the Day:
Resistance Level: 102300
Support level: 9