Bitcoin failed to break above 75,000 last night, pulled back, and also failed to break above 75,000 this morning. BTC's daily high is currently being suppressed at 75,000. If it breaks higher, the next level is 76,000. The high has been lowered. Watch support at 73,500 below, and further down is 73,000.



The Federal Reserve interest rate decision will be announced soon. Based on this price action, we may need to grind until 2 AM tonight when the Fed rate decision comes out to potentially get a directional move. It's 99% certain there won't be a rate cut tonight. The key is what Powell says at 2:30. For short-term traders, whether shorting or longing, if you've made profits, I recommend taking profits before tonight to avoid getting stopped out by wicks.

Follow Moyan, focused on futures and spot accumulation. The team still has positions available, get on board quickly #币 $BTC
BTC-3,35%
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