#美联储恢复降息进程 This movement in the early hours was really exciting. The price first dropped to a low of 83,822, but long positions didn't hesitate and came back directly. After reaching a high of 86,860, it started to move sideways. Ethereum also moved, rebounding from 2,716 to around 2,814 before pausing.

Yesterday, a team managed to take advantage of this trend—after making a small profit from long positions, they immediately reversed to short positions. Bitcoin short trades gained 7,385 points, and Ethereum also earned 269 points. There was an earlier alert at the 90,000 level, which is considered a major support; if broken, the downward trend should be watched, with 87,000 as the first target. This logic was also confirmed during the morning market review, so friends who followed the trend should have made profits.

Now, let's look at the technical side. After Bitcoin stopped at 83,786, we saw a rise for two consecutive hours, but this is just a weak correction, and the price is still trapped in a downward channel. The short position pattern hasn’t changed, and the short-term strategy still favors short positions, with the middle band of the Bollinger indicator trending downward. Is this a round of recovery? In other words, it’s just catching a breath, not a trend reversal.

The clearest view is on the hourly chart—the Bollinger band is narrowing, and its lines are moving horizontally, which likely means we are entering a period of tight volatility. Although the candles are approaching the lower support line, the upper pressure is very clear, meaning the recovery space is limited. Although the MACD has made a golden cross at the bottom, the momentum is weak and energy is lacking. These fluctuations are a technical adjustment in a bear market, and the conditions for reversal are not present.

Looking at the multi-timeframe structure, the market as a whole is still biased toward the downside. In morning trading, it’s advised to focus on selling at the highs, but be especially cautious about Powell’s speech at 9 am, as Federal Reserve statements may cause short-term volatility. You should be extremely cautious about unusual market moves and strictly control risk.

Reference key levels:
Bitcoin: Open short positions in the 87,000–87,500 range, targeting 84,000
Ethereum: 2,800–2,830 is the long position area, targeting 2,650

Expectations for the Federal Reserve to resume rate cuts are still in play, and the impact on the cryptocurrency market should be continuously monitored.$BTC ‌#