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#BTC 7.30 Wednesday Night BTC/ETH Guide:
From the hourly perspective, the overall trend of Bitcoin in the past two days is still a downward fluctuation. After a sharp rebound following a retest of the lower edge early this morning, it has now gradually risen to the upper edge of the descending channel before pulling back.
118400 has already laid out short positions, currently with five hundred points, continue to hold.
Focus on the Federal Reserve's interest rate decision and Powell's speech in the early morning.
The downward trend at the four-hour level remains unchanged, and the overall direction is firmly bearish.
BTC: 118000-118500 short, target 116700-117200
Auntie: 3787-3770 empty, target 3680-3665
Personal advice, for reference only!