As the Fed interest rate decision meeting is set to be held on Thursday, the crypto assets market may迎来一个重要的 market turning point. Currently, the Bitcoin (BTC) market is in a sensitive period, and investors should remain cautious.



At this critical moment, it is advised that investors consider moderately reducing their positions to lower potential risks. Given the uncertainty of the Fed's financial policy, the market may experience fluctuations in any direction, so waiting for the meeting results to be announced before making trading decisions may be a wiser choice.

Currently, the technical analysis of BTC shows that its upper resistance level is around $119,500, while the lower support level is approximately $115,000. If the Fed's decision is viewed as positive news by the market and BTC can break through the upper resistance level, a new round of upward momentum may occur. Conversely, if the decision leans towards dovish, investors need to closely monitor whether the lower support level can hold. If the support level at $115,000 is breached, the next point of interest may shift down to around $112,000.

It is worth noting that although market volatility may increase in the short term, the Fed's interest rate cuts seem to be an inevitable trend in the long run. Therefore, if the BTC price dips to around $112,000, it may provide investors with a good buying opportunity.

In this uncertain market environment, investors should remain calm, closely monitor market trends, and make prudent investment decisions based on their own risk tolerance. No matter how the market changes, adhering to the principle of rational investing is the key to success.
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CryptoNomicsvip
· 08-01 02:43
*sigh* your regression analysis clearly missed the bayesian probability distribution here. amateur hour.
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Layer2Observervip
· 07-29 16:52
Data analysis indicates that the support level is not very stable.
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MEVSupportGroupvip
· 07-29 16:48
When has the Fed not struck the market hard!
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MissingSatsvip
· 07-29 16:46
Just watching the show is enough.
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MaticHoleFillervip
· 07-29 16:33
Lying flat and watching the show, no more rushing.
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