March 19 Morning | $BTC Market Analysis

The Fed was hawkish and exceeded expectations last night, causing BTC to decline sharply under short-term pressure. This is a strong washout at high levels, definitely not a trend reversal! On-chain chips remain unmoved, whales haven't dumped, the probability of a deep decline is minimal—just short-term risk-averse capital.

Current support at 70,000–70,800, resistance at 73,000/74,500. The market is entering a shock and recovery cycle. We are not turning bearish and stick to our core strategy: don't blindly chase dips on sharp declines, accumulate in batches at low prices after stabilization, decisively reduce positions at resistance levels during rebounds, protect profits in volatility, and build strength through consolidation. Big Bitcoin is consolidating around 69,300-70,000 with targets at 71,500-72,500.

Every pullback is an opportunity, every washout is preparation for a higher launch. Maintain your rhythm and move forward steadily!