Alex Kuptsikevich, senior market analyst at FxPro, said in a report that the increase in market risk appetite following the Federal Reserve's decision has helped cryptocurrencies reach new highs in the past three weeks. "The downtrend has been ongoing since March, with the previous peak of around $64,000 roughly coinciding with the 200-day moving average. We believe that Bitcoin may encounter strong resistance at this level, and once it breaks through this level, the upward path will be opened," Kuptsikevich said.