Bitcoin and Ethereum experienced a technical rebound during the previous trading day but shifted to consolidation below key resistance levels. Early this morning, the market attempted a rebound driven by technical buying. Bitcoin reached a high of 89499, and Ethereum also briefly touched 3029. However, this rebound failed to be supported by effective trading volume, and after hitting the key resistance, it quickly encountered selling pressure, subsequently turning into a sideways decline. This trend clearly indicates that current market confidence in bullishness is insufficient, with heavy resistance above. The short-term rebound is merely a technical correction after a deep pullback and has not changed the overall bearish pattern.

From a technical perspective, the short-term bearish structure remains unchanged. The rebound faces strong resistance, and a "death cross" has appeared on the daily chart of Bitcoin (50-day moving average crossing below the 200-day moving average), signaling medium-term bearishness. Strong resistance is concentrated in the 90000-92000 range, which was the previous dividing line between bulls and bears. The key support below is around 85000-86000; if broken, it could open up a larger downside space. Ethereum's 4-hour chart is in the final stage of a descending triangle pattern, with the upper limit constrained by a downward trendline. The critical support level is near 2950. The article from early morning mentioned that high-altitude operations should wait for the market to rebound to the key resistance levels before re-entering, so subsequent strategies can also focus on short positions. #美联储利率决议临近 $BTC