Wednesday, the Federal Reserve interest rate decision is coming, are longs and shorts both getting trapped?

At 2 a.m. on Thursday, the Federal Reserve interest rate decision data will be released. The market is betting that interest rates will remain unchanged in the 3.5-3.7% range. Compared to the interest rate path, the market's focus has clearly shifted to leadership changes. Half an hour after the data release, Powell will give a speech. This will be his last press conference as chairman. Let's wait and see.

Yesterday, after turning to short, there was a small gain. Today, it is expected to rise first and then fall, so we will keep our shorting strategy unchanged. Bitcoin dropped below 76,000 overnight and then recovered some ground. Currently, there are signs of a continued rebound. Watch the 77,350-78,000 area for resistance. This is our reference point for shorting. It’s better to wait than to rush now. Be patient.

Ethereum is relatively weak, with very limited volatility. After retracing to the 2256 level overnight, it failed to continue. Today, during Asian trading, it again recaptured above 2300. First, see where this rebound peaks before entering short positions. The expected reference points are 2365-2400. Enter with a light position, reserve some for topping up, prioritize safety. That’s all for now. If you can’t do well or can’t judge accurately, follow me! #加密市场小幅下跌