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Fed Decision Looms as Cryptocurrency Prices Suddenly Decline—Is This a Bearish Signal?
With the Fed decision approaching and cryptocurrency prices suddenly declining, is this bullish or bearish? Many have seen the market rally continuously these past few days and are convinced this is only the beginning of a downtrend. However, I disagree. The market has been in a consolidation phase these past few days, and the whales have clearly been scheming for a while. Therefore, this afternoon I'm positioning for long entries around 73500 and 2300!
Although the market is currently declining, I recommend friends following this strategy to add positions around 72000 and 2220. This averages out the entry price to around 72800 and 2260. Long positions can be held patiently. For those who haven't entered yet, tonight you can directly initiate long positions at market price around 72000 and 2220.
Targets to watch:
Bitcoin: 73500-74000 range
Ethereum: 2300-2340 range#美联储利率决议 #英伟达GTC2026大会召开 #七大央行利率来袭