After midnight, Bitcoin continued its short-term rebound momentum, with the price touching around 71,980 at one point on the upside, but failed to sustain a breakthrough at the high. Subsequently, the market entered a pullback correction, with intraday lows probing down to the 70,450 level before gradually stabilizing. Currently, the overall price has returned to around 71,000 for consolidation. From the early morning to now, after experiencing a rally and pullback, the pace has gradually slowed down. Short-term price action has returned to oscillating within a range, indicating that after the market's rapid release, sentiment is gradually being digested. For this type of movement, it's more important to clearly understand the range rhythm after the high-low point conversion, rather than being driven by emotion in the back-and-forth fluctuations, because truly stable trading often comes from anticipating the rhythm in advance, rather than following the market after the move has already occurred.

From the current chart perspective, on the 1-hour timeframe, the continuation of the rebound is clearly insufficient. After the price returned to the moving averages, it failed to form a continuous upward assault. Short-cycle moving averages are starting to converge, indicating that short-term bullish momentum is weakening, with the chart showing more of a weak recovery after a decline. On the 4-hour timeframe, after the pullback from the highs, the overall rhythm is becoming more cautious. The strong structure formed by the previous upswing has slowed somewhat, with overhead resistance still present, while downside support, although temporarily holding, is not sufficient to drive the market to quickly turn strong again. Under this structure, operationally it's more suitable to look at the high-short perspective after rebound rejection. Before the market forms new volume breakouts, the overall bias remains toward weak correction within oscillation. Short-term focus should be on the sustainability of rebounds, rather than blindly bullish outlook. #美联储利率决议 $BTC