In the early morning, the market movement was a textbook example of "sharp decline followed by sideways consolidation." With statements from the Federal Reserve and Powell, although there were no notably hawkish remarks overall, market sentiment remained pessimistic. The price rebounded to around 71,900 where it faced resistance and pulled back. BTC briefly retested around 70,400 in the early morning where it found support, currently hovering around 71,000 with oscillations. For Ethereum, it recovered during the early morning rebound, facing pressure around 2,225 and pulling back. In the evening it retested around 2,150 where it stabilized, currently recovering again to around 2,190 with oscillations.

From the daily timeframe perspective, BTC closed with a massive bearish candle today, completely engulfing the gains from the previous three days, forming a bearish "dark cloud cover" pattern. The daily K-line has broken below the 5-day and 10-day moving average support in one move and is now testing the 30-day moving average below. The MACD fast and slow lines are about to form a death cross above the zero axis, with red column momentum already dissipating. If the death cross is confirmed, a formal adjustment at the daily level will commence. The 70,000-70,456 zone below is a previous high-volume trading area and an important support band at the daily level. If this zone breaks down, there is risk of further decline. From the 4-hour timeframe perspective, BTC is in an accelerated downtrend phase following the breakdown of the uptrend. After pulling back from the 75,998 high, the price has consecutively printed large bearish candles, breaking through four key levels in one move and barely holding above 71,000 currently. The K-line pattern shows a cliff-like drop, directly piercing through the Bollinger Band middle band and lower band, forming an effective breakdown. The MACD fast and slow lines accelerated downward after a high-level death cross with accelerating green column momentum, indicating concentrated release of short-side power. Short-term rebounds are still signals of bears accumulating positions. Operationally, we maintain a bearish bias on high shorts.

For BTC, short 71,500-72,000, targeting around 70,000. For ETH, short 2,200-2,220, targeting 2,150-2,100. #美联储利率决议 $BTC $ETH