Bitcoin consolidating while accumulating chips, phase top reached. Will the Fed's interest rate decision tonight trigger a wave of selloffs?

①Fed FOMC meeting on March 19 expectations: Federal funds rate maintained at 3.5%-3.75%, adjusted up 25bp compared to December's 3.4%, hawkish full-year rate cut expectations reset to zero. Main reasons: oil prices surging, inflation rising, employment declining, stagflation concerns!

②Dot plot rate cut expectations: 7 officials believe there will be no rate cut in 2026, only 3 support one rate cut. The market has pushed forward the first rate cut to September/December. To summarize: 100% no rate cut on March 19, best case scenario is only one rate cut in 2026. Most opinions instead suggest rate hikes to ensure inflation won't trigger rate cuts!

③Back to Bitcoin, from the chart we can see the current price action is a standard descending flag formation. The phase rebound consolidation pattern is approaching a top, and the next likely move is a wave of decline!

④Currently price has been oscillating in consolidation for nearly a day, essentially waiting for the rate decision as the main event. Basically no surprises expected. Operationally, can initiate short positions around 7450, watch 7600-7750 for adding positions. Target support levels at 7330-7200-7020-6920.

⑤Ethereum relatively stronger, pullback strength not very large. Small-level rebound resistance around 2350 for short entries. Conservative approach watching 2400 for fill-in dips. Target support levels at 2300-2260-2204.

The 2 AM meeting will have significant volatility. Remember to keep protective stops in place. Decide based on your actual positions! $BTC #美联储利率决议