BTC has continued its strong trend after the Fed's interest rate cut decision, supported by both easing expectations and abundant liquidity, with long positions' momentum continuously being released, and overall market sentiment leaning towards optimism. From a technical perspective, the price has been steadily rising, relying on the support of the middle band of the Bollinger Bands, and the overall structure remains healthy. If it effectively breaks through the resistance of the upper band in the future, it is expected to open up a new round of rising space and accelerate towards key integer levels. Currently, the macro environment and technical patterns are resonating, and the mid-term trend remains optimistic.

#BTC Reserve Market Impact# Hoping we can get a daily close at $0.67-$0.68. Breakout is potentially happening now. Could still retest and fall back into the range, but if the breakout is confirmed, it could be an amazing entry for a long or adding to your spot bags.#Fed Cuts Rates By 25 Bps##XRP ETF Goes Live##BTC Reserve Market Impact#

A top trader on a certain trading platform just went short $35.85K of $BTC at $117,587.00 This user's current position is short $6.55M of $BTC at an average price of $117,404.40. This user would be liquidated at $413,620.53