Good morning everyone, I woke up and saw that the Fed's interest rate decision was announced last night, which met expectations, with no rate cut and no rate hike. The market made a small long wick candle down, and the trend is still quite in line with expectations. Last night, Powell's speech mentioned that there was still no accurate reply on whether there would be a rate cut in September, and we still have to look at the data before deciding whether to cut rates.

#BTC# The previous prediction was to build a position for the big coin around 116000. It hit a low of 115700 and then rebounded. Currently, it has rebounded to around 117500 but has not directly broken above. Those who didn’t place low buy orders can only wait for a pullback to the 116500-115000 range to build positions in batches before taking another wave of rebound. When it rebounds to 118500-119500, we need to take profit in batches.

#ETH🔥🔥🔥🔥🔥🔥 Ethereum started to retrace from around the high point of 3800 last night down to 3670 and then began to rebound. Currently, it has rebounded to around 3780, gaining over 100 points. The key resistance levels above are 3830, 3850, 3880, 3900, and 3950, while the support levels below are 3740, 3700, 3650, and 3600. Those looking to take a low long position should wait for a dip below 3720 before starting to accumulate in batches. Currently, chasing the rise is not recommended.