When $BTC touched 67k, everyone across the internet was shouting for 80k. Now it’s at 62,895, and that crowd is all silent.



This Monday it was still at 67,292. Today it got dumped to 63,696—one drop erased 3,600 points. What happened in between?

The FOMC didn’t cut rates. Powell said there’s no rush. The bond market is basically translating it for you: rate cuts are still way too early.

Right on the heels of that, $BTC and $ETH ETFs ran 111M in a single day. Once the money leaves, it’s gone.

This isn’t a sell-off—it’s the market re-pricing “when will the rate cut come.” Monday was all about expectations; Wednesday’s FOMC slapped that down; by Thursday, the money ran.

But there’s one detail I’ve been watching all day: when it fell to 63,696 today, it didn’t keep getting hammered lower. The 64k support that was broken for a few hours yesterday was pulled back.

It’s not the bulls defending the market—at this level, the bears also don’t have the confidence to keep smashing.

This week’s trading script is getting narrower: above 67.3k, it failed three times to break through; below 63.5k, it failed twice to pierce. Every failure is draining the bulls’ patience—and also burning through the bears’ ammo.

The range is tightening the more it gets churned, and the direction is getting closer. Honestly, I don’t know which day it will break, but once it does, that candlestick will tell you everything.

Just checked again: $BTC is now at 62,895, down nearly 4% over the past 24 hours. $ETH followed down to 1,685, and sentiment has directly cooled off.

Earlier, in the early hours, the Federal Reserve’s FOMC kept the interest rate unchanged at 3.5%-3.75%, and also removed the wording about “further adjusting the interest rate.” Waller directly said they’re abandoning forward guidance. This is essentially telling the market: don’t guess when I’ll make my move—the inflation target hasn’t been met yet.

For the crypto market, the rate-cut expectations have been suppressed, and the fantasy of looser liquidity has shattered. In the short term, $BTC and altcoins will continue to be pressured, and money can only flow to places with higher certainty. The liquidation pressure on the derivatives side will keep growing bigger.
#我的Gate交易时刻 #沃什首秀美联储利率不变 #预测世界杯巴西VS海地
BTC-2.89%
ETH-3.00%
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