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3.18 Evening - Pan Analysis
The Federal Reserve interest rate decision comes at 2 AM tonight. The market consensus expects no change, and the bearish expectations have been fully digested in advance. Powell's remarks are more likely to be neutral, preserving room for rate cuts. Once the decision lands, bearish factors will be exhausted, and risk assets will welcome a recovery window. BTC has a very high probability of rebounding.
Technical Analysis: The sharp pullback in the short term has completed the washout. Price has retraced to the strong support zone where the Bollinger Band lower rail and key moving averages form strong support. The KD indicator at low levels is about to cross bullishly, bearish momentum is exhausted, and bottom-fishing funds are gradually entering. A rebound is imminent.
News + Technical Oversold Convergence: After the meeting, selling pressure will quickly converge. Bulls will counterattack and open an uptrend. Operationally, focus on buying dips. Be cautious about shorting.
Operation Suggestions
Buy in batches at 71,800-71,400, targeting 73,300-73,800. Breaking above, look for 74,500.