Morning session showed little overall volatility, with the market maintaining a range after testing the lows. Bitcoin's highest point in early trading recovered to around 71300 but faced selling pressure and pulled back, forming a new oscillation range. Ethereum showed relatively larger volatility compared to Bitcoin, with the price briefly recovering near 2210 before facing pressure, with early session fluctuations creating a range of over 20 points.



From a daily chart perspective, after the large bearish candle broke through the previous short-term support zone, the price continued to face pressure at short-cycle moving averages, maintaining a narrow-range oscillation overall. The key support level at the bottom is near the mid-band; if this support breaks, there's further room for volume expansion. The 4-hour level is currently still oscillating and correcting within a narrow range, with the coin price being slightly compressed around 71000. Considering yesterday's deep correction, intraday consolidation is expected to continue; the 1-hour short-cycle moving averages are gradually turning downward and diverging, with short-term momentum appearing weak. Market sentiment remains cautious; operationally, maintaining a trend-following short bias is advisable.

Bitcoin: Short between 71300-71800, target 70000. Ethereum: Short between 2200-2220, target 2150. #美联储利率决议 $BTC $ETH
BTC-4,43%
ETH-5,79%
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