Market predicts the Fed will cut interest rates next week, putting pressure on the dollar, which has fallen to near two-week lows! U.S. stocks are weakening with the Dow Jones index retreating, and Crypto Assets are also declining.
BTC fell sharply yesterday, with a minimum pullback to the 83800 level before rebounding. The current price is at 86700, recovering, but it is still under pressure below the four-hour midline. Today's trend shows a volatile downward movement, so a short position can be considered at the 87000-87500 area, looking down to 83800. If the level breaks, look towards the 81000 level #BTC #ETH .
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Market predicts the Fed will cut interest rates next week, putting pressure on the dollar, which has fallen to near two-week lows! U.S. stocks are weakening with the Dow Jones index retreating, and Crypto Assets are also declining.
BTC fell sharply yesterday, with a minimum pullback to the 83800 level before rebounding. The current price is at 86700, recovering, but it is still under pressure below the four-hour midline. Today's trend shows a volatile downward movement, so a short position can be considered at the 87000-87500 area, looking down to 83800. If the level breaks, look towards the 81000 level #BTC #ETH .