Bitcoin experienced a deep correction yesterday, with a single-day drop of nearly 3,000 points. Currently, the macro environment combined with frequent industry news disturbances has increased market volatility, and overall market sentiment remains cautious.

This Thursday early morning, the Federal Reserve's interest rate decision will be a major event, directly guiding the short-term market trend and is the market's biggest current focus.
On the technical side, the four-hour Bollinger Bands continue to contract, with the price under pressure at the lower band, and the MACD momentum steadily weakening, indicating short-term market oscillation is weak, and the bulls lack sufficient strength for an attack.
In terms of trading strategy, avoid chasing rallies or selling on dips. Until there is a substantial breakthrough at the key resistance level at the upper band, the bullish rebound is unlikely to continue.
The overall short-term outlook is clear: prioritize shorting on rebounds in line with the trend.
Trading reference: Bitcoin (BTC) range-bound short positions between 77,500 and 78,200, with the first target at 76,500 and the second target at 76,000.