Tonight at 3:00 AM, the Federal Reserve interest rate decision will be announced, followed at 3:30 AM by the Powell monetary policy press conference. These two time windows are like ticking time bombs. For those with no positions, it’s recommended to stay on the sidelines; for those with positions, it’s best to reduce exposure to hedge risks.

Previously, I opened short positions at 93,300 and 3,100. When the unrealized profit reached 33,000, I didn’t dare to close. Now, although the average price has been pulled higher, the positions are very light. Facing this kind of news, I don’t dare to hold firm; I will withdraw most of my positions first and wait for the storm to pass.

From a technical perspective, Bitcoin’s resistance levels are at 94,500 and 96,000. If it breaks higher, keep an eye on the 102,000 level. For Ethereum, resistance is at 3,400; after breaking through, watch for 3,600.

Looking downward, Bitcoin’s support levels are at 91,800, 90,300, and 88,000; if broken, key levels are 86,000, 84,000, and 82,000. Ethereum’s support levels are around 3,230, 3,060, and 3,000; if these are breached, then 2,900, 2,730, and 2,620 are critical support zones.

My short-selling strategy remains unchanged, but tonight’s market conditions emphasize that survival is more important than big ambitions.