Bitunix analyst: Three factions intensify, BTC faces 117,000 pressure belt test

According to BlockBeats, on September 15, with Powell coming to chair this week's Federal Open Market Committee meeting, the market generally expects the Federal Reserve to initiate a rate cut for the first time since last year and cut 25 basis points. However, the internal stance of the meeting has shown a "three factions": some directors support a 50 basis point cut at a time, Fed chairmen in some regions tend to keep interest rates unchanged, while Chairman Powell attempts to push for a moderate rate cut. Former official Vincent Reinhardt pointed out that if the two-way opposition vote appears this time, it will show that the policy consensus is still not strong, which may trigger a warming of market uncertainty. Technically, Bitcoin (BTC) liquidation heat map shows that the price has risen to the 116,800 line, and a large number of liquidation lists have accumulated in the 117,000–118,000 area above, which is the main pressure zone in the near future; the support below falls at 114,000 and 111,000, and the loss may be backtested by the 108,500 liquidity zone. Bitunix analysts suggest: With the interweaving of decision-making differences and political pressure, the FOMC results may cause severe fluctuations. Traders are advised to reduce leverage exposure and pay close attention to the offense and defense of the BTC 117,000 pressure zone and 114,000 support level.