# March 18th Showdown with the Federal Reserve! Lottery Odds for a Win!

The Federal Reserve interest rate decision will be announced early Thursday morning. Even though the market anticipates a 99% probability that interest rates will remain unchanged, the Fed's focus has never been about the data itself. Everything in the speculative market moves based on expectations. Therefore, Powell's remarks and subsequent economic intervention policies are the key points. Please pay attention to the FOMC meeting early in the morning for specific details.

**BTC:** Currently, there are no obvious trend-reversal signals in the major timeframe. After a prolonged consolidation in February and a breakout in March, we're now approaching overhead resistance levels. The first-round target has been basically completed, taking a brief rest to see if we sound the retreat or continue pushing forward and "let the bullets fly for a while." Intraday, watch the 74400-74900 small range—it's creating short-term price resistance. Support below is in the 72200-73000 range. The middle area between these two ranges is where we can operate with range-bound trading. Both long and short positions are viable. If you only want to trade trend moves, you can wait for the news to land and then seize opportunities. After all, Bitcoin's target of 78500 hasn't been reached yet, so there's plenty of room.

**ETH:** Overnight trading consolidated at the lower end of yesterday morning's 2340-2380 range. Currently, a new consolidation range has formed with 2300 as the lower band and 2340 as the upper band. Watch this level carefully. Breaking above 2340 would target higher objectives, and there's still significant room above 2380. The 2800 major range represents the overall bullish recovery target. If it breaks below 2300, weakness could push toward the 2268 level. The major timeframe still shows strong bullish performance. Short positions should only use small positions. Personally, I prefer to look for opportunities to buy on dips and capitalize on the next uptrend.