⚡ Bulls and Bears Enter Critical Zone

As the Federal Reserve's interest rate decision meeting enters its final countdown, Bitcoin has rapidly pulled back after touching a high of $75,998 and is currently consolidating near $74,155 before making a directional choice. The 4-hour MACD shows a clear death cross signal, hourly moving averages are in bearish alignment, and short-term pullback pressure is significant.

📊 Bitcoin Technical Analysis (Updated to $74,155)

The daily level remains in a tug-of-war around the 60-day moving average (approximately $73,734). RSI at 60 shows neutral-to-strong momentum but not overbought. However, the 4-hour MACD death cross continues to diverge, and the 1-hour price has broken below all short-term moving averages, with bearish momentum being released.

Resistance Above: $74,500-$75,000 (short-term moving average resistance zone, rebound testing zone)
Support Below: $73,150-$73,000 (50% Fibonacci retracement and MA20 support band)

⚡ Ethereum Technical Analysis

Ethereum is moving in tandem with Bitcoin's pullback, facing MACD death cross pressure on the 4-hour chart, but daily structure remains stronger than BTC with dense support from moving averages below.

Resistance Above: $2,360-$2,380
Support Below: $2,250-$2,220

📈 Intraday Short-Term Strategy Update

Bitcoin Strategy

Shorting on strength (primary): Light short on rebounds to $74,500-$74,800 zone, stop loss above $75,300, target $73,200-$73,000
Long on weakness (secondary): If it holds at $73,000-$73,150 on retest, can take short longs, stop loss at $72,500, target $74,200

Ethereum Strategy

Shorting on strength (primary): Light short on rebounds to $2,340-$2,360 zone, stop loss at $2,400, target $2,240-$2,260
Long on weakness (secondary): If it holds at $2,220-$2,240 on retest, can take short longs, stop loss at $2,180, target $2,320

Risk Notice: Tonight's Fed decision is the biggest variable. Recommend light positions or observation before data release, with strict stops in place.

Do you think the market will test support first and then rebound after tonight's rate decision, or will it directly launch an upside attack? We'd love to hear your views in the comments!