‼9⃣🈷16🌞 Key directional choice before interest rate cut‼

✅ Today's crypto information gap 💰 Reject hindsight ❌

1️⃣ $BTC

BTC continued to fluctuate yesterday, with 2 trading days left before the interest rate cut. If the Federal Reserve doesn't pull a big surprise and keeps the rates unchanged, there won't be a significant drop; a 25% drop is just a minor decline. Everyone is waiting for the number 50, and we will consolidate for a few days.

Today, further actions in the counterattack basically need to maintain the market. It is currently undergoing fluctuations, with support at 114300 below and resistance around 116500 above.

2️⃣ $ETH

ETH continued to decline yesterday, and the rebound strength was not strong. We are waiting for the impact of BTC's fluctuations on the market. Currently, there are no signs of any initiation. The order from last night was also stopped out, but it is still grinding in this range, neither going up nor down.

Conservatives can wait for the formation of a reversal candlestick before taking action, at least until there is a turnaround in the 1-hour chart. It is safer to open a position after breaking above 4600 points, preferably waiting for the initiation of a large bullish candlestick.

3️⃣ Market #BTC current key support level:

--BTC: Open position at 114500, stop loss at 113406, take profit near 116000.

--ETH: Aggressive: Open position at 4500, stop loss at 4485, take profit around 4550. Conservative, first add to the position, and it’s not too late to open a position after 4600.