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9.17 Intraday | Rate hike delivered, volatility continues; favor shorting rebounds


The Fed's 25bp rate hike was delivered as expected, after which the market entered a wide-ranging consolidation, with repeated wick sweeps and intense battles between bulls and bears, causing short-term volatility to increase significantly.
From a broader-cycle perspective, the market remains generally weak. After previously surging to 79570, upward momentum was exhausted, with strong selling pressure overhead. The current rebound is merely a technical recovery after the sharp decline, not a trend reversal. The bulls have not yet taken control, and the market is in a low-level consolidation phase.
Before the price effectively breaks through the resistance above, the weak pattern will be difficult to change, so do not blindly chase the rebound.
Trading strategy: Wait for the rebound to encounter resistance before opening short positions
✅BTC: Short in the 77300 and 77800 rebound zone, with the first target at 75500 and the second target at 74500
✅ETH: Short in the 2470 and 2520 rebound zone, with the first target at 2370 and the second target at 2320
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WhaleInFrame
13 minutes ago
The Fed’s 25 bp hike was in line with expectations, but the dot plot was hawkish. Pressure from further liquidity tightening remains, so the strategy of shorting rallies is still sound.
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LiquidityCatcher
16 minutes ago
As expected, the rate hike led to a pump first, then a dump—same old script.
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MultiTimeframeObserver
an hour ago
That 79,570 top was too obvious; this rebound is just giving the bears fuel.
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StableSwapSavant
an hour ago
First Review
Try placing a short order at 77,300, with a stop-loss at 78,200. The resistance at this level is indeed strong.
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