Bit strongly broke through 94,000 USD, but chasing the price today still requires caution!

At 2 o'clock in the morning tonight, the Federal Reserve Beige Book is about to be released! According to historical data, the market volatility has exceeded 4% before and after the release of the last three Beige Books, and the risk of inserting needles is extremely high, and the main force is very likely to take advantage of the situation to carry out a washing action. At present, the range of 85,000-90,000 US dollars has become a key battlefield for the fierce competition between long and short sides, so you must be cautious in your position!
At 20:30 tomorrow, the initial jobless claims data for the week in the United States will also be released. This data has the potential to bring significant positive news, which may further stir the market.
From the Bit trend perspective:
• Hawkish scenario: If the brown book conveys hawkish signals, Bitcoin may quickly test the strong support level of $82,000.
• Dovish scenario: Once dovish signals are released, Bitcoin is expected to break through the $95,000 resistance level.
This is a special reminder for investors who are going long today: be sure to set up a trailing stop loss and manage your risk!
In addition, there is major good news from the international economy and trade: there are signs of easing trade tensions between the United States and China, and the Trump trade team has received 18 proposals, and will hold meetings with 34 countries this week. The White House is speeding up agreements with Japan and India to avoid large-scale tariffs, and the tariff standoff between China and the United States will gradually ease. This series of positive changes will undoubtedly inject a shot of strength into the market, which is worth paying close attention to.
#BTC #TRUMP