Federal Reserve Interest Rate Decision Release Date (Beijing time at 2 AM the next day) - Pay attention to market performance after the data is released. Currently, it's a "coin flip platform" state where multiple parties have created a delicate balance. What needs to be done is to closely monitor signal emergence and verify the direction of breakthrough. No need to worry excessively about other factors.
BTC: The current price is dormant below the key level of 74400, showing weakness, but the box structure is moving very steadily. Operationally, you can use 74400-74900 as near-term resistance. Below, 72250-73000 serves as support. Both high shorts and low longs can be engaged. For example, enter the box at 74400, with 74900 as stop loss. If you go long at 73000 below, then 72200 must be your stop loss.
ETH: Trading below 2340 intraday, consistently unable to break through this level. Thus, near-term 2330-2340 is minor resistance. Below, the 2300 round number is a support level. Bulls are striving to break through 2340, bears are striving to break through 2300. Cannot provide specific direction suggestions here. Before the interest rate decision is released, you can follow your inner instinct for small position testing. After the news lands, there will likely be clear signals.
March 18th Evening BTC/ETH Strategy Analysis
Federal Reserve Interest Rate Decision Release Date (Beijing time at 2 AM the next day) - Pay attention to market performance after the data is released. Currently, it's a "coin flip platform" state where multiple parties have created a delicate balance. What needs to be done is to closely monitor signal emergence and verify the direction of breakthrough. No need to worry excessively about other factors.
BTC: The current price is dormant below the key level of 74400, showing weakness, but the box structure is moving very steadily. Operationally, you can use 74400-74900 as near-term resistance. Below, 72250-73000 serves as support. Both high shorts and low longs can be engaged. For example, enter the box at 74400, with 74900 as stop loss. If you go long at 73000 below, then 72200 must be your stop loss.
ETH: Trading below 2340 intraday, consistently unable to break through this level. Thus, near-term 2330-2340 is minor resistance. Below, the 2300 round number is a support level. Bulls are striving to break through 2340, bears are striving to break through 2300. Cannot provide specific direction suggestions here. Before the interest rate decision is released, you can follow your inner instinct for small position testing. After the news lands, there will likely be clear signals.