$BTC Morning Share (April 29th)



【Market Overview】

- Current Price: approximately $76,900 (as of 9 a.m.)
- 24h: +0.3%, range $76,500–$77,000 with narrow fluctuations
- Last night: surged to $79,400 then pulled back, lowest around $76,000

【Core Signals】

1. Macroeconomic Pressure
FOMC meeting early Thursday, market expects a hawkish stance.
BTC has fallen 10%–30% after the last 5 meetings, cautious today.
2. Technical (Key Levels) - Support: $76,000 → $75,200 (Strong Defense)
- Resistance: $78,000 → $79,400 (Yesterday’s high)
- 4-hour bearish, daily still in an uptrend channel, short-term consolidation.
3. Funds & Sentiment - Coinbase premium turns negative, spot buying weakens.
- Last night, $43 million long positions liquidated, bulls fragile.
- Fear & Greed Index at 31 (fear), significant divergence.

【Morning Strategy】

- Wait-and-see: Hold off until the Fed decision is announced.
- Bulls: Exit if support at $75,200 is broken.
- Bears: Abandon short positions if breakout above $79,400 occurs.
- Trading: Light positions, small stop-losses, no chasing trades.

【One Sentence Summary】
Narrow range consolidation before the decision, buy low and sell high between 75,200–79,400, risk control first.
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