Affected by the Fed's pause on rate cuts, the market quickly pulled back. The current momentum has entered an acceleration phase, with price reaching the key support zone near 70K in one step. A second retest is more inclined toward "shakeout + buying the dip."
📈 Trading Strategy: Near 70K, follow the major players' lead and build long positions in batches Short-term target: 75K | Swing target: 81K
⚠ Momentum Assessment: The correction is nearing its end, and major players may be about to initiate a 5-wave uptrend channel.
📊 BTC Major Players Momentum Update
Affected by the Fed's pause on rate cuts, the market quickly pulled back. The current momentum has entered an acceleration phase, with price reaching the key support zone near 70K in one step. A second retest is more inclined toward "shakeout + buying the dip."
📈 Trading Strategy:
Near 70K, follow the major players' lead and build long positions in batches
Short-term target: 75K | Swing target: 81K
⚠ Momentum Assessment:
The correction is nearing its end, and major players may be about to initiate a 5-wave uptrend channel.