Interest Rate Decision + Ethereum Upgrade Countdown! BTC surged sharply and rebounded! Can we set the tone tonight? Why are altcoins quiet? Seize the opportunities with SUI, S, DOGE!

The Federal Reserve's interest rate decision + the Ethereum Prague upgrade are two heavyweights coming our way.

New Hampshire has officially included Bitcoin as a reserve asset. Although their purchase is not as much as MicroStrategy, it significantly enhances Bitcoin's status. Now everyone feels it can replicate the myth of a decade-long bull market like gold ETFs. Stimulated by this news, Bitcoin jumped $3000 in the middle of the night, and it looks like it’s heading towards $98,000 again.

However, tonight the Federal Reserve will announce its interest rate decision, likely keeping the current rate unchanged, which everyone is already mentally prepared for. The key is whether Jerome Powell will soften his stance; if he continues to be tough, the market will certainly experience severe fluctuations. Compared to the state government's purchase of Bitcoin, tonight's meeting may have a greater impact on the market.

From the market perspective, if Bitcoin can hold above $98,000 and move up to around $98,500, there won't be much selling pressure. But tonight's volatility is definitely not going to be small; it could determine the direction of the rise or fall in the coming weeks.

It’s advised not to easily open low-leverage long positions, as a meeting result that crashes the market could lead to significant losses. If you want to short, first wait and see the meeting situation, and always set the liquidation price above $106,000 when opening a position. If the meeting outcome is unfavorable for shorting, cut your losses quickly; if the market indeed goes down, just hold on and wait for the drop. Keep a close eye on this battle tonight!