Bitcoin today closed with eight consecutive green candles. The closing pattern is quite ugly, but the key point is that it still closed above 73,770, which is a very important level. My personal opinion is that the Federal Reserve meeting results at 2 a.m. will undoubtedly not include a rate cut, but the dot plot and Powell's remarks are more significant. If the hourly candle can hold steady above 75,200, there could be a strong bullish surge, pushing prices toward around 79,800. If the narrative turns negative, the downside gap is substantial. However, I personally favor the former scenario—there's a higher likelihood of increased liquidity injection.

Ethereum's critical level is 2,311, and it continues to hold at the daily level. Support below is around 2,298, near the 2-day moving average. Ethereum has been quite strong this time, undoubtedly due to Bitmine's aggressive accumulation. If it can hold steady above 2,380 again tonight, it could target around 2,670 above. Similarly, if Powell's remarks turn hawkish, the downside gap would also be significant. I lean toward the former scenario.

Of course, for those without positions, it's best not to trade in this market environment. Besides long and short positions, there's a smarter choice called staying in cash.

Good luck to you.