Morning BTC is operating under pressure at high levels, maintaining an overall tight-range, choppy rhythm. The ongoing tug-of-war between bulls and bears continues, with sell pressure above steadily accumulating. Bullish momentum gradually fades. At this stage, the market is building strength at high levels while under pressure, and the risk of a pullback and decline is heating up. In the short term, focus on the key resistance near 77,000; as long as it is not broken under pressure, the overall outlook remains a sideways market with a bearish bias.

ETH is also weakly oscillating alongside BTC, showing an even more lackluster performance. Upward momentum is seriously insufficient, and the overall bullish structure is gradually loosening. In the short term, rely on the strong resistance zone between 2,280 and 2,250, with shorting on high rebounds as the main approach.

Based on fundamental analysis of the Federal Reserve:
Current expectations that the Federal Reserve’s monetary policy will tighten further continue to build. The pace of rate cuts is further delayed, and expectations for tighter market liquidity keep strengthening. The US Dollar Index remains strong, with clear pressure on risk assets. Combined with the hawkish commentary about further rate hikes to maintain stability, it further suppresses upside room in the crypto market. Risk-averse sentiment intensifies, and the overall market pressure-to-downward trend gradually becomes established, which is unfavorable for bulls to sustain in the medium to long term.

BTC Trading Suggestions
76500-77000 sell in batches
Target
75000—74500

ETH Trading Suggestions
2300-2280 sell in batches
Target
2200—2150$BTC