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Afternoon Analysis
The sudden news of Powell's resignation has "added fuel to the fire" of market sentiment, instantly igniting risk aversion. The policy outlook has fallen into a short-term vacuum, and high-risk assets are collectively under pressure to adjust. After the morning market was directly impacted by this news, it is expected that the market will likely enter a phase of range-bound consolidation in the afternoon.
Current key focus on the interval boundaries: the upper resistance level is around 87000, while the lower support level is in the 85000 area. You can opportunistically plan high sell and low buy operations within this range. If this interval is broken, follow the trend and set proper stop losses #BTC #ETH .