3.18 Evening Analysis

Tonight at 2 AM, the Federal Reserve's interest rate decision is expected to remain unchanged, with the negative impacts already fully priced in; Powell's speech is likely to be neutral, leaving room for rate cuts, and once realized, the negative impacts will be exhausted, providing a repair window for risk assets, with a high probability of Bitcoin rebounding.

Technical Analysis: A short-term sharp decline has completed the washout, with prices testing a strong support area. The lower Bollinger Band and key moving averages form strong support; the KD indicator is about to cross over from a low position, indicating a depletion of bearish momentum, with bottom-fishing funds gradually entering, and a rebound is imminent.

The combination of fundamental news landing and technical oversold resonance has led to a rapid convergence of selling pressure after the meeting, initiating a bullish counterattack. Operationally, focus on low buying, with caution in chasing shorts.

Operational Advice

Buy in batches between 71800-71400, target 73300-73800, look towards 74500 on a breakout. $BTC #美国PCE数据将公布