Federal Reserve rate cut? Powell's speech? Bullish or bearish?
The current BTC market shows a typical range-bound consolidation pattern. Technical analysis indicates a bullish engulfing signal in the candlestick pattern, with the price approaching a key resistance level of 95,000, but no definitive breakout has occurred.
Overall market sentiment remains neutral within a "range-bound" zone. Under this backdrop, BTC price is more likely to continue fluctuating within the current range, making it difficult to form a clear short-term trend.
In the ups and downs of the crypto world, there are no et
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