Bitcoin, after experiencing a continuous decline over the past week, has seen a technical rebound. The price rose about 1% intraday, reaching a high of around $89,000 at one point, but failed to break through effectively. It then faced resistance and pulled back to hover around $88,600. So far, my strategy of shorting on rallies remains effective. The "姨太" (mistress) token performed relatively strongly, rising 2.6% intraday, reaching a high of $2,990 at midnight. However, the rebound momentum was also insufficient, failing to challenge the key psychological resistance level of $3,000. The overall market rebound shows clear signs of a "weak recovery."

From a technical perspective, the current rebound has not changed the market's overall weakness. The 4-hour chart shows that the price encountered strong resistance in the $89,000-$90,000 range during the rebound. This zone is formed by a critical support-turned-resistance zone and the 20-day exponential moving average (EMA), which together serve as a key dividing line between bulls and bears. Meanwhile, the rebound was accompanied by the 4-hour stochastic indicator entering the overbought zone and the MACD momentum histogram failing to continue expanding, indicating that bullish momentum is waning and selling pressure is heavy above. If the price cannot hold above $89,000 effectively, the structure remains bearish, with a risk of testing the support zone at $86,000-$87,000 again. The "姨太" token's movement is correlated but weaker, with strong resistance moved down to the $2,980-$3,050 range. Key support below is at $2,850-$2,880; if broken, further weakness is possible. In terms of trading strategy, the approach remains to short on rallies, waiting for rebounds near key resistance levels to enter positions, and avoiding blindly chasing short positions. #美联储利率决议临近 $BTC