Bitcoin's price rose continuously but encountered resistance yesterday before the Federal Reserve's interest rate decision announcement, beginning to top out and decline. Following the Fed's decision in the early hours today, market sentiment shifted. While the meeting indicated rates would remain unchanged, Fed Chair Powell's remarks leaned "hawkish," cooling market expectations for rate cuts. We began positioning for shorts after 2 AM, and our short positions have already taken profits at 1,300 points.

As of now, the short-term trend structure has shifted. From the daily chart perspective, Bitcoin collected a large bearish candle with significant volume after testing recent highs. This, combined with the preceding bullish candles, forms a dark cloud cover reversal pattern. This is typically viewed as a strong signal of the end of an uptrend and a reversal to downside. From the 4-hour chart, after being blocked near 76,000, Bitcoin's rebound highs are getting progressively lower, and it has quickly broken below previous support levels, confirming a short-term downtrend. Meanwhile, the 4-hour EMA15 and EMA30 short-term moving averages have formed a bearish alignment, and the MACD indicator has shown a "death cross," all indicating short-term bearish momentum is dominating the market.

Bitcoin: Short at 71,800-71,400, targeting 69,500. Ethereum: Short at 2,230-2,210 in sync, targeting 2,100. #美联储利率决议 $BTC ‌$ETH