Wednesday, October 10, at noon

The highlight of tonight's crypto circle is definitely the Federal Reserve's December interest rate decision, BTC is currently stuck around 92441, the technical side is more but the news variables directly determine the follow-up trend, the market has priced in a 25 basis point interest rate cut in advance, but the real key lies in Powell's speech and policy statement - if the dovish hints that the follow-up will continue to be loose, BTC is likely to directly rush to 95,000 or even touch 100,000; If the hawks say they want to pause interest rate cuts, the price will quickly step back on the 90,000 support, or even test 88,000. In addition, today's BTC ETF single-day net inflow was $379 million, with a cumulative increase of more than 839 million in December, and institutional funds are still entering the market, which is the confidence of medium-term bulls.

Look at the 4H disk again: the middle Bollinger band 90973 steadily holds the price, the MACD golden cross red pillar is still enlarged, and it rises to 94550 in the early morning and then falls back, indicating that 94000-95000 is a strong resistance area, while 91500-92000 is a short-term strong support.

Do more ideas
Buy low before the decision: the price pulls back to the 91500-92000 range to build long in batches, and the stop loss is placed below 91000, which is the upper part of the early shock platform and the key line of defense for bulls.

Chase long after the decision: If the Fed releases doves, the BTC volume exceeds 93,500, and directly follows the long, the target is to look at 94,800 first, and then look at the 97,300 or even 100,000 mark after breaking through.

Short Selling Ideas
Do not take the initiative to short before the decision: there are too many medium-term funds and technical aspects, and the risk of going against the trend is too great.

Short test after the decision: Only when Powell releases a hawkish signal and BTC effectively falls below the 90500MA20 moving average, will the small position be tested short, the stop loss is above 91000, and the target is 89600.
Ether synchronized BTC

#美联储降息预测 $BTC $ETH