BTC is about to break upward.

The first round price aims at 98500
This morning, Powell's speech was the same as last time, not in a hurry to cut interest rates, still the same routine and formula, with almost no changes. The state reflected in the market did not seem to be affected at all. Powell's tough speech only led to a decline of about 800 dollars, dropping from around 96600 to 95800. Moreover, 95800 happens to be just above the range of 92700-95700. This key support has not been broken. I mentioned yesterday that if the 95700 level is broken, it would be a bullish signal, and this time the pullback did not break this support level, so this signal is a bullish signal. Powell's speech not only did not break the key support level but can be said to have no impact on BTC. Under the hawkish speech, since BTC did not react too much, it proves that in the short term, BTC is still a bullish signal. The decision not to cut interest rates has not affected BTC's trend. It seems that the negative impact of not cutting interest rates has long been digested and accepted by the market.
For short-term operations, you can position long orders near 95700. The first take-profit level is around 97000, and the second take-profit level is 98500. If it reaches 98500, you can position your first short order, remembering to use a small position size, as you may need to add to your position later. The above is for reference only; please open positions under the guidance of professionals as adjustments may be made at any time based on actual conditions.