Wall Street community live broadcast: Interest rate cut approaching, positive news turning negative? Pay attention to the core support pressure, follow the live broadcast to bring you in

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Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Today, the overall cryptocurrency market rebounded, with the price of Bitcoin (BTC) rebounding to the range of 91000-92000 US dollars. The total market value rose to about 3.2 trillion US dollars, an increase of about 2.2%, and 90% of the top 100 currencies recorded gains. The trading volume reached 111 billion US dollars, and the Fear and Greed Index rose to 24 (still in the "fear" range). 1: The expectation of a 25 basis point interest rate cut by the Federal Reserve has boosted the market: the probability of a 25 basis point rate cut at the Fed's meeting on December 9-10 is 85% -92%, driving a rebound in risk assets. BTC rebounded from the weekend low of $80000, ETH rose above $3100, and SOL remained stable at $138. Institutional prediction: If the interest rate cut is implemented, BTC may test $100000. 2: Long term BTC holders' supply hit bottom: LTH supply dropped to 14.33 million BTC in November (the lowest since March), selling pressure weakened, market structure shifted towards accumulation mode, and non cyclical collapse occurred. This may mark the end of the bear market, with prices rebounding above $90000. 3: Capital flow: BTC ETF net inflow of $352 million, ETH outflow of $75 million; The overall weekly ETP inflow was $716 million. Today's news is mostly positive, with macroeconomic optimism (expected interest rate cuts) and institutional accumulation leading the rebound, but caution should be exercised against the volatility of Fed meetings and the "selling news" effect of meetings. Core support level BTC86-88K ETH 2.88K-3K Target looking at weekly EMA50 BTC100K ETH3.65K; Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

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