On Thursday at 2:00 AM, the Federal Reserve's interest rate decision will be officially announced, with market expectations of a 99.5% probability of holding rates steady, effectively ruling out the possibility of an unexpected rate hike.

This market movement is not primarily about the rate adjustment itself but focuses on Powell's speech wording, the timing expectations for rate cuts, and the guidance on the balance sheet reduction pace, which directly dominate the short-term market direction.

Three major statements correspond to market trend analysis:

▪️ Hawkish speech: Clearly delaying rate cuts, maintaining high rates for the long term, leading to a strengthening dollar and U.S. Treasury yields, which are broadly bearish for the crypto market;
▪️ Dovish speech: Signaling easing measures, slowing the balance sheet reduction pace, improving liquidity expectations, and driving a collective upward movement in the crypto space;
▪️ Neutral wording: The market enters a phase of buying expectations versus selling reality, with the trading chart maintaining wide-range oscillations.

BTCÐ Key attack and defense levels

BTC
Core fluctuation range: 73,000–78,000
Strong support: 72,000, with a further drop below that targeting 70,000
Core resistance: 78,000, with volume-driven upward attack aiming for 80,000

ETH
Overall trend stronger than Bitcoin, with better resilience to pullbacks and limited downside space
Key support: 2,250–2,300
Short-term resistance: 2,400

After the decision is implemented, the market is very likely to show a reversal pattern of sharp rise followed by pullback or bottoming out and rebound, so blindly chasing gains or selling off is strictly prohibited.
Be patient and wait for chart signals to confirm before entering the market, closely follow Powell's press conference attitude, and seize the short-term trend accordingly.

#WCTC交易王PK