🤯 Wosh's debut countdown! After tonight, can the 60k level still hold?

Brothers, big news is coming! Early Thursday Beijing time, the new Fed Chair Wosh will hold his first post-inauguration press conference.

This guy previously criticized the Federal Reserve for "talking too much"—he thought the central bank kept giving market roadmaps, which ended up boxing itself in.

Tonight, is he going to launch an "hawkish surprise" or maintain a "dovish stability"?

The whole market is holding its breath.

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First, let's talk about the current market situation 👇

$BTC ‌Currently fluctuating around 65,500, with a 24-hour slight decline of about 0.4%. The market has entered a typical "wait-and-see mode before a decision." Yesterday’s rebound to 67,000 was quickly sold down by Japan, indicating strong selling pressure above. From a technical perspective, the 65,000-66,000 range is a key battleground.

$ETH ‌Relatively more resilient, currently trading between 1,780-1,800, nearly flat over 24 hours. However, there was a sharp drop of 0.62% in 15 minutes—when liquidity is low, large funds moving can amplify volatility.

$SOL ‌Current price around 73.2, with a 24-hour range of 72.28-75.61. This rebound from around 60 has risen nearly 15%, but the key resistance is at the 75.5-76 zone.

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Tonight’s biggest uncertainty 🔥

Market expects interest rates to stay unchanged (probability 99.4%). But the real bomb is in the dot plot—three months ago, everyone was talking about rate cuts; now the focus has shifted to "whether to raise rates"! Federal funds futures show over an 80% chance of rate hikes within the year.

If Wosh really removes the rate cut guidance and signals hawkishness, short-term volatility could be very large.

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Regarding 60k and 70k 💭

Around 60k is the average holding cost line for the entire market, and also the 200-week moving average. From last week’s rebound from 60k to 66,000, it’s clear some funds are still entering this zone. But whether it can be maintained depends on Wosh’s stance tonight.

If prices go higher, the 50-day moving average at 73,667 is the first hurdle; only after crossing it can we look toward 80k. Currently, BTC is still in a weak recovery phase after a decline, with volatility continuously compressing, making it hard to see a clear trend in the short term.

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My view 🤔

Volatility will definitely spike before and after the decision, so both bulls and bears should buckle up. The key is Wosh’s wording.

— If he emphasizes inflation risks and hints at possible rate hikes, short-term pressure is inevitable;

— If he balances his statements and leaves room for the market, the rebound window might still be open.

Remember: Good news is often followed by bad news, and bad news can turn into opportunity. At such nodes, it’s better to watch more and act less; wait for a clear direction before making moves—more prudent than betting on the direction.

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📌 These are purely personal opinions and do not constitute any advice. DYOR!

💬 Brothers, what do you think Wosh will be tonight—hawk or dove? Can 60,000 hold? Share your thoughts in the comments!

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