The key short-term bullish support sustained the price and many positions are added at this level. It’s still functioning as key support.
Taking hold of $21115.19 could BTC enter consolidation.
Intraday fluctuation is concentrated between the key support and intraday resistance. Monitor the key support.
QT doubles in September. Fed lifts the upper limit of QT to 95 billion (60 billion treasury bonds + 35 billion MBS). The market is under the pressure of quick and massive liquidity drainage.
The market expected interest rate hike in September: 50bp(28%),75bp(72%)
Taking hold of $21115.19 could BTC enter consolidation.
Intraday fluctuation is concentrated between the key support and intraday resistance. Monitor the key support.
QT doubles in September. Fed lifts the upper limit of QT to 95 billion (60 billion treasury bonds + 35 billion MBS). The market is under the pressure of quick and massive liquidity drainage.
The market expected interest rate hike in September: 50bp(28%),75bp(72%)