The Fed's action to stop balance sheet reduction has arrived.


Bitcoin has temporarily dropped to its level, and there is a high probability of a decent rebound in the short term. Therefore, wait for a pullback near 108,000 to re-enter long positions. During the day, pay attention to the resistance in the 11-115 range for short-term topping fluctuations. After the adjustment, look for the 112-1135 range. If it breaks below the short-term low, decisively stop loss and exit. Bitcoin plunged last night, breaking key support levels, and the overall rebound closed at the 110,000 mark during the day, indicating that the overall strength is still a bit lacking. In summary, as long as it does not break through and stabilize above 118, it is still the world of control.
BTC0,12%
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