Federal Reserve Decision Leads to Consolidation in the Crypto Market:
$BTC /$ETH Tug-of-War, These 2 Signals Determine Price Fluctuations!
🔥 Afternoon Market: Bulls and Bears in a Stalemate, Volume is Key! After the Federal Reserve's interest rate decision, the crypto market enters consolidation: BTC fluctuates narrowly between 104500-105000 USD, while ETH ranges from 2510-2530 USD, with trading volume decreasing by 30% compared to the previous day.
Short selling pressure weakens, and buying activity increases when ETH drops to 2500 USD, indicating hidden rebound expectations in the market. 📊 Technical Analysis: Full cycle oscillation, main players engaging in psychological warfare! Bitcoin: Daily chart shows a Doji, bulls and bears tussle at 105000 USD for 12 hours; 4-hour chart shows a rise and fall, with 104000 USD as strong support; 1-hour K-line oscillates around the BOLL middle track, frequent upper shadows make chasing highs risky.
Ethereum: "Weaving" in the 2510-2530 USD range, trading volume increases by 15% during two tests of the 2530 USD resistance level, potentially signaling a breakout. ⚠️ Three Taboo Operations: Don't Chase Highs and Sell on Dips: BTC frequently experiences rapid drops after surging 800 USD; Set a 3% Stop Loss: For ETH long position at 2530 USD, exit if it drops below 2450 USD; Multi-timeframe Resonance: Avoid blind operations based solely on daily or hourly charts.
💡 High Strategy: BTC: Go long if it breaks above 105800 USD with a target of 108000, short if it drops below 104200 USD with a target of 102000;
ETH: Set a short stop loss at 2580 if it hits 2550 USD, go long if it drops below 2500 USD to catch a rebound.
Focus for the Day: BID FUN BMT RAYSOL
