Matrixport: Bitcoin to Revisit $112,000 or Lower, Market Awaits Fed FOMC Meeting as Key Catalyst
BlockBeats News, August 18th, Matrixport released a new report stating that Bitcoin failed to hold the downtrend line, which initially signaled a breakout and recently fell below the former support. Although not overly concerned about further downside risk, due to the market remaining cautious ahead of the September Fed rate decision, the Bitcoin price may once again test the $112,000 level.
Matrixport does not expect this year's Jackson Hole meeting to release any substantial signals, as it tends to be more of a discussion platform rather than a market driver. Currently, the market is awaiting a real catalyst, with the September 17th FOMC meeting being the most critical event.
Technically, Bitcoin is currently in a "no man's land" between $112,000 and $117,292. This leaves traders with two clear strategies: buy on a breakout above the range or accumulate on a pullback near $112,000. In other words, the market is in a period of observation, waiting for a clear direction.
Вам также может понравиться
Растущие активы
Последние новости криптовалют
The People's Bank of China Convenes Meeting of the Coordination Mechanism for Cracking Down on Virtual Currency Transaction Speculation
「1011 Инсайдер Кит」 открывает новую короткую позицию 5x ETH, достигая $15 млн в размере позиции
Сегодня адрес команды Hyperliquid освободил 2,6 миллиона HYPE от ставки.
By 2025, investment institutions have poured nearly $25 billion into cryptocurrency companies, far exceeding market expectations
Вчера чистый приток средств в американский Ethereum Spot ETF составил $76,6 млн
Служба поддержки:@weikecs
Деловое сотрудничество:@weikecs
Количественная торговля и ММ:[email protected]
VIP-программа:[email protected]