The Federal Reserve meeting has completely exposed its hand! Appearing calm on the surface, but secretly harvesting the crypto market.

The Fed meeting concluded promptly at 2 a.m., seeming like no policy changes were made, staying on the sidelines, but in reality, full of hawkish tones, openly cooling down the crypto market.

Plus, with the current market already extremely weak, our approach is straightforward and brutal: honestly follow the trend and short, don’t guess rebounds or blindly buy the dip, don’t go against the trend.

1. BTC hit the 80k mark but immediately reversed, unable to break through. As soon as the meeting ended, it plunged, breaking the key 75,600 moving average support, dropping to around 74,900, with the bulls’ defense line directly pressed to the ground.

2. The daily top pattern has been firmly established, and the 4-hour downtrend is also fully formed. The rebound is weak and lacking strength, while the decline is rapid and accompanied by increased volume. In plain terms, all small rebounds now are just trap setups to lure in shorts.

3. Long positions at high levels are continuously being liquidated, with wave after wave of selling pressure. Every attempt at a rebound to the resistance levels fails, opening up the downside space completely.

4. Basically, good news gets dumped on the market, and hawkish bearish signals are slowly fermenting. Want to reverse and go long now? Pure dream, that’s not possible under current conditions.

This time, the Fed isn’t implementing a gentle dovish approach; it’s definitely hawkish and intensifying actions. High interest rates need to be maintained long-term, and global liquidity is tightly constrained. BTC’s previous rally has long exhausted its positive catalysts. Now, with Fed hawkish pressure and technical breakdowns hitting hard, any small rebound in the future will be a prime opportunity for shorting.

Practical trading ideas, take note:

Long-term players: Place casual short positions above 76,000, controlling your position size; if by chance there’s a rebound to 78,500 resistance later, add to shorts gradually.

Intraday short-term players: Watch the 76,500 resistance line; once it reaches this level, go short immediately. The targets below are 75,500 and 74,500, and that’s it.