Bitunix Analyst: Federal Reserve Decision Preview, 25bp Rate Cut Imminent, BTC Faces 117K Resistance

On September 17th, at 2:00 AM Beijing time on Thursday, the Federal Reserve is set to announce its latest interest rate decision. The market generally anticipates a 25-basis-point rate cut. Subsequently, at 2:30, Powell will release policy signals during a press conference. This rate cut occurs against the backdrop of a weak labor market and lingering inflationary pressure. The internal divide between hawks and doves has become a key focus, and Powell's tone will directly influence future market pricing. Political factors have also introduced disturbances. Trump has been continuously applying pressure for a "substantial rate cut" recently. Additionally, changes in Federal Reserve Board members and litigation disputes have raised doubts about the Fed's decision-making independence. Analysts generally hold the view that Powell will maintain a pragmatic tone and will not commit to aggressive rate cuts. However, he may hint at keeping options open in the future. Bitunix Analyst Recommendation: Before significant policy changes are implemented, traders are advised to control leverage and closely monitor the market's reaction at the BTC 117,000 resistance level and the 115,000 support level. If the policy direction leans towards being dovish, BTC is likely to test the 118,000 liquidation zone. Conversely, if it leans towards being hawkish, it is necessary to be cautious against a rapid pullback.