#BTC 10.30 BTC.ETH.SOL Plummet market.

After probing the bottom at 112000 yesterday, it rebounded to around 113600 and then began to plummet to around 109000. The fluctuation range was 4600 points, and the overall trend still leaned towards expected judgment. At the opening of the US stock market, BTC was slowly declining around 113000 and eventually broke below the support level of 112000.

At 2 a.m., as the market expected, the Federal Reserve cut interest rates by 25 basis points. This is the Federal Reserve's second rate cut following the 25 basis point cut on September 17, and the fifth rate cut since September 2024. It also announced the end of balance sheet reduction on December 1. "Chair Powell's speech was hawkish," said Chair Powell, indicating that the Federal Reserve's rate cut this time is "a step toward a more neutral policy stance." "There is significant disagreement on how to act in December; whether to cut rates further in December is far from settled."

From the daily chart of BTC, the bearish sentiment seems to be strong. If today closes with another bearish candle, the market may further ferment.

BTC trading advice: Sell at 109900-110100, defend at 900 points, target 108200, break through to look at 107600.

ETH trading suggestion 3906-3924 short defend 50 points target 3840 break look at 3805-3777 #今日你看涨还是看跌？ #十月加密市场预测