BTC gap fill—rangebound conditions and rate decision in focus!

Yesterday, the bulls couldn’t keep strengthening. In the US evening session, a corrective pullback started, forming a standard wide-range consolidation pattern. So, you can see just how uncertain the market is right now—changes in the geopolitical situation give the market many possibilities.

For today’s price action: on Monday, the bulls’ rise lacked strength, so today should be treated as rangebound. There is temporarily no clear directional bias on the daily timeframe. The 4-hour Bollinger Bands continue to tighten, and the candles move while wrapping around the moving averages.

This week’s core focus is in two main parts. First, keep a close watch on the US–Iran geopolitical situation. Second, there will be a cluster of major US economic data releases and Federal Reserve decisions. On Tuesday night, ADP employment data will be released; on Wednesday, the Fed’s rate decision, the PCE price index, and initial jobless claims will be announced one after another. Multiple data points will continue to churn the market. Also this week, both the weekly and monthly lines complete their close at the same time. Into the late-session close, fund positioning battles intensify, making it very easy for the market to print large moves.

BTC operation suggestion: 626–62950 long defense 619 target 643, breakout watch 651#长鑫开盘跌7.7% $BTC