#内容挖矿更新 I just went out to hang out with my fren for a while, and the market situation developed as expected, with the bearish trend starting earlier. The market fell significantly, with Bitcoin dropping over 1500 points. I hope all investors can profit from this. This market volatility has indeed been quite costly, just as I have been advising everyone to prioritize high-level shorting strategies. If you captured this nearly 4000-point drop, you must have made a good profit.

Regarding $BTC, the Federal Reserve will announce the interest rate cut decision at 2 AM tonight. From the market sentiment and expectations, this is likely to be seen as a positive realization. It is recommended that everyone remain cautious in the face of important news and reduce operations, mainly to observe. The key support levels for Bitcoin during the day are in the 112000 and 111200 areas. As long as these two positions are not broken, a rebound is still possible in the evening. The upward pressure level for the rebound should first focus on 113800. If this position is broken, one can continue to hold long positions and pay attention to the two round levels of 115000/116000. If it rises to this range, one can attempt shorting operations again.

Regarding $ETH, although my personal involvement has not been high recently, feedback indicates that many investors have achieved good returns. Yesterday, it touched a low near 3925, and I hope that all the fren who shorted based on previous suggestions can secure some profits. The current support levels remain at 3970 and 3930; as long as this range is not broken, we can continue to look for rebound opportunities. The upward target levels are 4055, 4120, and 4180 in order. Considering there are important news events tonight, further analysis will be conducted based on market reactions.