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Federal Reserve rate cut? Powell's speech? Bullish or bearish?
The current BTC market shows a typical range-bound consolidation pattern. Technical analysis indicates a bullish engulfing signal in the candlestick pattern, with the price approaching a key resistance level of 95,000, but no definitive breakout has occurred.
Overall market sentiment remains neutral within a "range-bound" zone. Under this backdrop, BTC price is more likely to continue fluctuating within the current range, making it difficult to form a clear short-term trend.
In the ups and downs of the crypto world, there are no eternal lows or endless smooth paths. Trading has no right or wrong—only misguided ideas and strategies.
btc🥇 89,500-90,000+ Target 92,000. After breaking through, watch for 93,500-94,500.
eth🥇 3,150-3,180+ Target 3,240. After breaking through, watch for 3,320.
$BTC ！$ETH