AAnMinghuang

Bitcoin remains in a range-bound oscillation on the hourly level, with insufficient rebound momentum. In the short term, it shows a pattern of sideways decline. Focus on the resistance at 72,000 and watch the support at 69,000.
Asian session strategy:
Buy near 69,500-70,000 on Bitcoin's pullback, targeting around 71,000-71,800, with the same approach for altcoins.
Sell near 71,800-72,300 on Bitcoin's rebound, with support around 70,000-69,500.

Overnight short position at the highest point of 69,500, this morning at 8 am the market opened and also dropped to 68,300. This is a reminder to all the onlookers to consider exiting and clearing their positions. Subsequently, the internal direct channel almost reversed and added long positions, and there was a reminder that the price might rebound to around 71,300.
In the European session, Bitcoin also directly reached around 71,000, which is about 300 points away from our target of 71,300. Since the rebound from 60,000, Bitcoin has now rebounded above 70,000 for the fifth time. The more it

It's Friday again, and after the Federal Reserve cut interest rates, the market is in chaos. Overall, despite making 6 trades back and forth today, it has still been a profitable day.
First, there was a short position at 110900 before the Federal Reserve cut interest rates in the early morning, which directly gained over 900 points to around 111800. Following that, after Powell's hawkish remarks, there was a sharp drop to 109600, and it again reached near 111400, achieving a profit of 1800 points. By this time, the interest rate cut trend has been fully capitalized on.
Then in the afte

Bitcoin has repeatedly returned above 113,000. On a technical level, the daily chart of BTC shows that after the significant fall last night, it is currently in a low-level consolidation phase. Recently, the candlestick has been alternating between small bearish and bullish trends, with weak rebound strength and a gradually narrowing fluctuation range.
The hourly MACD is still in a state of increasing volume, and Bitcoin is still under pressure at the 113700-114500 range. Aggressive traders can initially open a position near this range, leaving a spot for a top-up above, and Ethereum can be en

With the recent rebound of Bitcoin, BNB has also seen a slight rebound. Early this morning, after Bitcoin plummeted, BNB also fell sharply, directly breaking below the 1100 mark.
From the recent trend, BNB's movement is in sync with Bitcoin, not showing an independent market trend. As the Federal Reserve's decision approaches, a layout can be initiated around the 1150-1180 range.

Waking up, I was completely stunned. I thought that 115500/4150 would be a high point, so I reminded everyone to reduce their positions. I didn't expect that suddenly in the early morning it would drop straight to 112100/3930, completely beyond expectations, breaking below the support of 114000/4030 mentioned yesterday morning.
From a technical perspective, there is currently dual support at the position of 111500-112000 below. The MA7 and Bollinger Bands are in a standard configuration. Today, it is highly probable that the trend will fluctuate within the range of 114500-111500.