Bitunix analyst: Fed's resolution is ahead, 25bp rate cut is coming, BTC hits 117K pressure

According to BlockBeats, on September 17, at 2:00 a.m. Beijing time on Thursday, the Federal Reserve will announce its latest interest rate resolution. The market generally expects to cut interest rates by 25 basis points. Powell sent a policy signal later at the 2:30 press conference. The interest rate cut occurred against the backdrop of weak labor market and inflationary pressures. Internal eagle-dove differences have become the focus. How Powell grasps the tone will directly affect subsequent market pricing. Political factors have also become interference. Trump has continued to put pressure on "significant interest rate cuts". At the same time, personnel changes and litigation disputes among the Federal Reserve also make the market doubt the independence of decision-making. Analysts generally believe that Powell will maintain a pragmatic tone and not commit to aggressive rate cuts, but may suggest that space will remain in the future. Bitunix analysts recommend: Before major policies are implemented, traders are advised to control leverage and closely monitor the reactions of the BTC 117,000 pressure band and 115,000 support level. If the policy path is biased, BTC is expected to impact the 118,000 liquidation area. If the policy path is biased, it is necessary to prevent rapid retracement.