Did you know? Tomorrow the Fed will announce the end of QT quantitative tightening. How will Bitcoin perform?

It is evident that the market has seen a flurry of positive news from the end of November to the beginning of December, which has supported the continuous rebound of BTC and ETH. Furthermore, next Monday, the Fed will completely halt the quantitative tightening that has lasted for three years, which is also one of the driving forces behind the recent rebound.
However, I personally remain cautious about whether there are small positives that have been fully realized, which is something to keep an eye on. However, the overall trend in the crypto market can maintain its strength before the interest rate cut on December 10, and in the short term, one can choose to buy on dips.
For example, the support for Ethereum is around 2930, while Bitcoin has a major support at 89,000 and a minor support at 90,000. We talked about this yesterday, and Bitcoin just happened to drop to 90,000 and then started to rebound. If you haven't acted yet, don't rush; let's see if it can come back in the next couple of days, and we might have another opportunity.
The above is a B-wave rebound over 2-3 weeks induced by the Fed's interest rate cut. I believe this is the last opportunity to escape the peak; the main theme of the bear market is still present. According to the Elliott Wave Theory, Bitcoin's decline to 120,000 to 80,000 is just the A-wave drop. We are now in the B-wave rebound, which theoretically will rebound to 97,000 to 98,000. After that, there will be a C-wave drop, targeting 50,000 to 60,000 #加密市场回暖 #比特币行情观察 .