Wednesday Afternoon Jingyi Operation Analysis

BTC consolidating at high levels with exhausted upside momentum. Pullback signals trend weakening, not accumulation.

From a technical structure perspective, the one-hour chart shows BTC declining from the 75,998 high, breaking below the 7/25-day moving average support. Long positions are exiting and selling pressure is emerging; ETH retraced from 2,385 with a bearish moving average crossover and weak buying support. Pullback on volume expansion indicates the market sentiment is turning cautious.

Macro Perspective
The Federal Reserve decision is imminent, rate cut expectations cooling, and high interest rates continue to suppress risk assets. Geopolitical tensions and elevated oil prices intensify risk aversion, putting pressure on crypto markets. ETF inflows are slowing, institutions are taking profits, and near-term support is weakening. Can short on bounces at higher levels.

Operation Recommendations
Short BTC in the 745–752 range, targeting 730–715. After breakthrough, first watch the 70,000 level, long-term focus on 68,600.

High-level consolidation is a pullback within a downtrend. Strictly control positions and do not hold losing trades. #Gate广场AI测评官