This week, the Federal Reserve raised interest rates by 25 basis points for the first time in three years as expected, and the market fully priced in the previous bearish expectations, completing the classic “buy the rumor, sell the news” pattern. Previously, the market experienced a deep pullback in advance due to rate hike panic and negative legislative developments, with BTC dropping to as low as the 74,900 level. All bearish sentiment was already fully released before the decision. Now that major macro uncertainties have been resolved and market fear subsides, capital is starting to flow back in to bottom fish, and there is no more momentum for deep declines. In the short term, a strong consolidation and steady rebound has become the main market rhythm.
Reviewing the overnight action, after bottoming out at 74,900, both BTC and ETH showed a sustained upward consolidation structure, with a small ascending channel already successfully formed and clear signs of bullish strength. All the long positions placed at low levels during this round are in profit: whether longs at the intraday 76,000 low, bottom picking longs at 75,000 in the early morning, or ETH longs around 2,370, they can all be held with confidence. The next step will be to watch the pressure zones in stages: for BTC, targets are 77,500—78,500—80,000; for ETH, targets are 2,500—2,550—2,600, looking for profits as resistance is broken incrementally.
On the hourly chart, BTC’s trend is extremely strong, with the price consistently running along the upper Bollinger band, the channel opening upwards, and short-term bullish momentum continually emerging. Any minor pullback is merely a pause to consolidate strength, with no signs of a weakening or breakdown.
The 4-hour structure is even more standard. After finding support at the bottom, six consecutive bullish candles have formed, with a clear lift at the low and strong support confirmed by a double-bottom wick at the 75,000 level. The base is now solid and stable. Currently, the price is making a minor rebound to test the mid-line resistance of the Bollinger band, which is normal pressure retest—not a reversal. From an indicator perspective, MACD shows continued bullish momentum, and the 4-hour uptrend is gradually taking shape.
The core logic of the current market is clear: trend has turned bullish, avoid chasing highs, focus on buying the dips. Short-term bullish sentiment is recovering, but the market hasn’t moved to a strong single-sided rally yet. In an upward consolidation, chasing highs can easily lead to shakeouts and retracements, so patiently wait for support pullbacks to re-enter for the best risk/reward ratio.
BTC trading strategy
Core support below: 76,000, 75,000. Add to longs on dips to support zone in the evening.
Staged resistance above: 77,500—78,500—80,000
ETH trading strategy
Core support below: 2,420, 2,370. Build longs in batches anchored on low support.
Staged resistance above: 2,500—2,550—2,600
The most critical factor in trading is capturing the trend turning points; when bearish factors are fully priced in, it becomes bullish. Previously, the market was repeatedly pressured by rate hike expectations with continual shakeouts, and all panic selling at the lows has been cleared. Now, the bullish structure has returned to completeness. The double bottom wick confirms support, the ascending channel continues to rise steadily, and the market's focal point keeps moving higher.
The trend has completely said goodbye to a weak downtrend—there’s no need to look at the current market with a bearish mindset. Stick to your low entry longs, avoid over-trading and blindly chasing highs, build positions steadily using key supports, and patiently wait for this rebound to keep unfolding for solid profits from the upward swing.
