9.18
The Fed's decision has landed, and the US stock market opened with improved sentiment, but BTC did not break out into a one-sided trend and entered a wide-range consolidation.
The positive news did not continue to push prices up; bulls and bears are tugging back and forth here, sweeping stops repeatedly.
There is selling pressure on rallies and support on dips—this is a typical consolidation pattern. BTC is currently in a recovery phase after a sharp drop.
Follow the trend to go long during the recovery phase: enter at 76419, exit at 76971, with a floating profit of 2758.
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