Brothers, the underlying script of this round of crypto market has been thoroughly understood, providing you seasoned traders with core insights and a recap of key points.

First, let's discuss the core logic:
The current market situation is just Powell’s term-ending rate decision anticipation causing panic selling in advance, with all potential negative news already priced in and digested by the market.
Currently, BTC remains firmly above the 76,000 level, ETH is under pressure, hovering around the 2,300 key level, SOL is weakening and fluctuating, and the whole market is holding its breath, waiting for the rate decision to be announced in the early morning.

Now, let me share my practical layout:
I am currently holding a short position in BTC, firmly bearish, patiently waiting for profits to realize.
The core logic of contrarian positioning is very clear:
First, the entire network’s bullish sentiment is completely rampant, and the market is unanimously optimistic. BTC long-to-short ratio is 51:49, ETH is 55:45, under such extreme consensus, contrarian trades tend to have the highest success rate.
Second, this rate decision is highly likely to keep rates unchanged, but the new Fed chair Powell is extremely hawkish, and market expectations for rate cuts have been pushed back to after September, with global liquidity tightening becoming a certainty.
Third, technical analysis shows a comprehensive weakening, ETH has effectively broken below the 2300 level, with two consecutive daily declines, and a double top pattern on the four-hour chart has been broken. Although there is a slight rebound demand in the short term, the major trend remains bearish, and every rebound is an excellent opportunity to add to short positions.

Market outlook forecast:
In the short term, within the next two days, as long as ETH rebounds and faces resistance above 2300, it’s an excellent high-short entry point, with further downside acceleration towards 2000 not far off.
BTC holding above the strong support at 75k, with the 76,000–77,000 range repeatedly suitable for short entries. Just hold patiently; the strength of the rebound indicates how fierce the subsequent sell-offs could be.

On the data front, 24-hour total liquidation has reached $230 million, with over 75,000 accounts caught in liquidation. During this market shakeout phase, avoid blindly chasing high and buying in, follow the main players’ rhythm, and focus on steady arbitrage.

Finally, a key reminder:
The Fed rate decision at 2 a.m. will be a heavy event—either a sharp drop or a violent reversal. Be sure to control your positions tightly, avoid full leverage, and reserve bullets for extreme volatility.
Real-time market analysis and strategy adjustments will be shared in the comments section.
(This is only personal market analysis and does not constitute investment advice.)