8:30 may be a market turning point, after so many days of fluctuations, it's time.
Of course, the overall market is still looking bearish and expecting a correction. In fact, before Powell made his remarks, he had mentioned that Bitcoin hitting 100,000 and ETH 4,000 was very likely to happen; it was just that Powell's comments delayed this situation. As shown in the figure below. Short-term resistance for BTC is $112,900, with support below at $107,000 and $105,500; short-term resistance for ETH is $4,480 and $4,520, with support below at $4,200 and $4,100;
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8:30 may be a market turning point, after so many days of fluctuations, it's time.
Of course, the overall market is still looking bearish and expecting a correction. In fact, before Powell made his remarks, he had mentioned that Bitcoin hitting 100,000 and ETH 4,000 was very likely to happen; it was just that Powell's comments delayed this situation. As shown in the figure below.
Short-term resistance for BTC is $112,900, with support below at $107,000 and $105,500; short-term resistance for ETH is $4,480 and $4,520, with support below at $4,200 and $4,100;