In the face of news, the market is quite fragile; even a slight breeze can cause panic. Tonight will be another sleepless night, as the Federal Reserve will announce the recent interest rate at two o'clock tomorrow morning. The market's attitude towards interest rate cuts is neutral, and I don't expect a rate cut. Regardless of whether there is a rate cut or not, the probability of a decline is also quite high.
The peak for Bitcoin was 76000, and yesterday we talked about the recent support at 72800. Both positions have been reached without a hitch. The downward trend is still ongoing. Bitcoin has dropped below 7, and Ethereum has dropped below 2, which is the trend we can currently observe.