This round of decline is basically near the end, and a rebound has emerged overnight. BTC yesterday successfully tested the 62,500 support. If 63,800-62,500-61,500 holds, there is still a chance for a rebound.

Overall, the outlook is bullish—pullbacks are opportunities. The key level to watch is 64,150; if the 4-hour chart holds above it, this retracement should be over. For shorting, wait for overhead resistance. For going long, either pull back to support or go long after a breakout as a right-side trade.

The US Federal Reserve interest-rate decision tonight is expected to cause huge volatility—remember to keep positions light.

Market expectations are that rates will remain unchanged, but there is a September rate-hike expectation. If rates are maintained, the market will likely exert upward momentum.

For BTC long positions, watch for buying opportunities near 62,600-61,500-60,000 on the downside.
For BTC short positions, watch for selling opportunities near 65,800-67,500-69,500 on the upside.

For ETH long positions, watch for buying opportunities near 1,855-1,815-1,780 on the downside.
For ETH short positions, watch for selling opportunities near 1,950-1,980-2,010 on the upside.$BTC ‌#NFT板块单日反弹超8%