At 2 AM today, the Federal Reserve will announce its interest rate decision, which will catalyze the speed of market changes to some extent. In the current technical structure, the K-line is in a non-continuous upward attack pattern, and we should not chase the rise; therefore, the overall strategy remains unchanged, and we should still reserve low buy limit orders for downward movements.

Looking at the daily trend, the price is in a low-level sideways movement for the 8th day, which has the potential for a market change. As for the overall trend, the price is above the MA250, indicating a bullish trend, and we should support buying after a drop; in terms of details, the effective daily price fluctuation is around 1%, and there are no obvious opportunities in higher levels, all are aggressive points below the hourly level. Under the backdrop of a potential market change, small fluctuations have low certainty and little volume, so there is no need to force operations.

From the 4H to 12H trend, the price showed a certain degree of pullback in the morning, but overall, it remains in a downward state and has not formed a sustainable attack structure, with limited space for rebounds above. The movement here does not meet the buying conditions in my personal trading model, and in practice, one should be cautious of a sharp decline.

From the 15-minute to 1H trend, a slight top divergence began in the 15-minute timeframe, and both the MA30 and MA250 in the 1H level are in a downward state. Coupled with the sideways pressure around 84000, I do not see many opportunities or sustainability in this area, while also being wary of small range false breakout movements.

Combining the above thoughts from various levels, the overall bullish trend is still intact, but the internal structure is not optimistic. The current price area should not be operated on; instead, we should be cautious of sharp declines and wait for a dip to support buying on the low. Relevant points of reference are as follows:

Short-term resistance at 83710~84592 (no breakthrough), second resistance at 86033~88096 (breakthrough on volume, pullback can be entered),

Short-term support at 80525~78811 (aggressive for short-term trading, 1:2 quick in and out), medium-term support at 74726~70438~68899 (1:1:2, first level should be quick in and out, while the last two levels can be held for medium-term).

Note: Make trades in batches between each point, do not merge positions, for more details please see the video analysis later. #BTC