From the daily chart perspective, Bitcoin dropped last night due to Powell's hawkish speech. It has now started to rebound and is back above 110,000. In the short term, if it can hold above 110,000, it will continue to attempt to recover the MA60 level, which is the 114,000 resistance. Only when its MACD forms a golden cross below zero and returns above the zero axis, and the candlestick simultaneously breaks and stabilizes above MA60, will this round of correction be completely over. $BTC #Bitcoin