#以太坊行情解读 The Federal Reserve's rate hike operation essentially signals a dovish stance, which the market had already anticipated. After the policy implementation, it instead triggered a technical rebound characterized by "bad news absorption."

This round of Bitcoin's rise appears grandiose, but in reality, there is a clear divergence between price and trading volume, with momentum noticeably waning. The driving force is not from continuous inflows of new funds but more like existing capital playing a liquidity game at high levels—creating buying momentum to attract follow-up orders.

From a technical perspective, the price has already entered the previous large liquidation zone, and short-term indicators are showing signs of bearish divergence. Dense selling pressure is piling up above. In such a pattern, a rapid surge often triggers two types of sell-offs: one is profit-taking at previous high levels, and the other is panic selling by trapped investors.

Simply put: the current rise is more like a carefully orchestrated trap to lure more buyers, with the ultimate goal of finding enough willing sellers to distribute the chips.

From a trading perspective, the risk of chasing high has become significant and cannot be ignored. Maintain your existing strategy and look for shorting opportunities in the high-level area.

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