Predicting the BTC trend for the next month

As shown in the chart, the current market is very clear. It typically rises for two weeks before a rate cut, then falls after the rate cut. This pattern has been consistent before and after previous rate cuts, and this time appears no different. Let's look at the specific details.

Previously, the positive effects after a rate cut would be fully retraced within about 10 days, and now there are about 3-5 days left for this retracement. Usually, the retracement will almost fully absorb the gains made before the rate cut.

Therefore, this time it rose from around 81,000. In the next week, Bitcoin might drop back to between 81,000 and 83,000. However, in the short term, Thursday's inflation CPI data carries some uncertainty and will be the focus of short-term price movements.

When Bitcoin makes a second bottom, there is a good chance of a rebound. This probability is quite high. Traders can try placing orders near the previous lows to catch the rebound. After that, the market will return to normal, with price movements based on market signals.

The next clear trading opportunity is in January when there will be no rate cuts. The price is likely to start declining two weeks before the FOMC meeting, then rebound after the meeting when negative news has been fully priced in. This presents a very good opportunity for future trades. $BTC $ETH #市场触底了吗？