Analysts: As long as BTC remains above $81,000, it will remain constructive in the short term

After Federal Reserve Chairperson Powell dispelled the hope of early interest rate cuts, the cryptocurrency market rebounded after a short-term decline. BTSE chief operating officer Jeff Mei said that the Federal Reserve may not cut interest rates early in the short term, so the bitcoin price is expected to remain in the $8-90,000 range; SignalPlus analysis director Augustine Fan pointed out that cryptocurrency trading has been volatile most of the time, but as long as BTC can maintain above $81,000, the technical aspects will remain more constructive in the short term. The market is concerned about the details of Trump's first trade deal and the corporate earnings season that starts next week.