Early U.S. premarket still shows a bearish tone. The moment the Federal Reserve announces its interest rate decision, the market sees a surge in volume with a sharp wick, dropping to the 74,800 level and rebounding to recover. Bitcoin and Ethereum move in sync; at one point the market spiked down toward 2,220, then halted the decline, rebounding and recovering. It’s now back up to around 2,250. Old Bao and Trump are once again doing the same thing as before. The Fed’s decision is leaning hawkish, and their remarks are also quite decent. Not sure what exactly they’re up to—just keep operating according to the pattern like this.

From the 4-hour chart, the market has already shown a clear medium-term weakening signal. Previously, in the 78,500-79,000 area, a clear multiple-top structure was formed. Candlesticks repeatedly displayed long upper wicks, indicating heavy sell pressure at high levels. The previous solid bearish candle effectively broke down and closed below the neckline at 76,000 and below the MA120 medium-term vital line, creating a key breakdown and turning the entire 74,000-79,000 range into a high-level trapped zone. Currently, after breaking below the middle band of the Bollinger Bands, there has been no notable rebound—this is a typical weak continuation pattern. The main support below is in the 74,500-74,000 area, formed by a prior dense candlestick zone together with the lower Bollinger Band. If the price cannot get effective follow-through and rebound to recover 76,000 in that region, then the 4-hour downtrend will be officially established. After that, larger downside room will open up, and the continuation could see a break below 73,000.

Bitcoin can be shorted at 76,000-76,500, targeting around 74,000. Ethereum can be shorted at 2,260-2,280, targeting around 2,200.$ETH $BTC