3.18 Afternoon BTC Bullish Analysis

1-hour chart: BTC pulled back near 73,000 and received strong support, quickly recovering the 74,000 level. The Bollinger Bands' middle band turned upward, with price back above the track. MA7/MA30 crossover pointing up, short-term bulls returning. Strong support at 73,500-73,800 below, pullbacks are low-buy opportunities.

Fed Decision Positive Catalyst: Tonight's FOMC meeting is expected to maintain rates unchanged. The market has already fully priced in hawkish expectations, with bearish catalysts exhausted turning into bullish signals. Even if the dot plot leans hawkish, Powell's speech will likely release cautious and balanced signals without further tightening expectations. Peak rate hike expectations have been reached, with marginal weakening pressure on liquidity tightening ahead, opening a repair window for risk assets. BTC as the mainstream crypto asset leads the rebound.

Bulls Building Momentum: Yesterday's surge to 75,998 was a healthy washout, not institutions making full exits but rather short-term profit-taking and cleaning out floating chips. Current fear & greed index sits at extreme fear bottom levels, a typical stage-wise bargain-hunting signal. Whales and ETF funds show continuous net inflows, bulls accumulating at low levels obviously, with ample rebound momentum.

Geopolitical & Regulatory Support: Middle East tensions boosting safe-haven demand. BTC combines safe-haven and inflation-hedge attributes with improved fund allocation willingness. South Korea and Hong Kong regulatory tightening benefits long-term industry normalization. After short-term disruptions fade, accelerated compliance processes attract institutional capital, risk appetite rebounds rapidly, opening rebound space for BTC.

Trading Suggestion: Long at 73,500-73,000, targets 75,500-76,000