#美联储联邦公开市场委员会决议 Bitcoin has been oscillating between the resistance level of 94,000 and the support level of 92,000 over the past couple of days. Last night, it rose to 94,000 but was pushed back down, and it didn’t break below 92,000 either. Currently, it rebounds to 93,200 but then drops sharply again. The problem is that the highs of the intraday rebounds are decreasing one after another. If the 93,000 level cannot hold repeatedly, then the defense line of 92,000 will be at risk, and we might have to look towards 90,000.

The key point is the Federal Reserve interest rate decision at 3 a.m. tonight. The market is now estimating a 90% chance of a rate cut, practically a done deal. But the real turning point will be Powell’s speech at 3:30 — that’s the crucial factor influencing the market’s direction. How he views the pace of rate cuts into 2026, whether he maintains a dovish stance or shifts to a hawkish tone, will directly determine whether the market continues its slow decline or shows signs of improvement.

Honestly, tonight is bound to be a sleepless night. See you in the live stream then, as we watch this exciting show together.