BTC is still going strong. The 114.8k level has held firm without breaking down. After a night of rebound, it’s now testing the 116.8k resistance. As expected, the altcoin battles have been brutal—taking out the longs, including $ETH, before any rebound could happen. Those who watched my livestream yesterday should remember my take on BTC, right? Today, BTC is likely to break through the 116.8k level, heading toward the 118k range or even higher. After all, everyone knows the Fed’s 2 AM data is a 25 basis point rate cut—it’s just a matter of how the market digests it. My personal prediction is that it’ll shoot straight to the 118k-120k range. Tonight is the best opportunity for short-term trades!