What kind of rice and water are you talking about, guys? 😍
The post before this had a note to save and share the post from 29/8; the support has now officially ended, standard/fully expired. Even though I’ve been busy and haven’t really checked, the moment something happens, you all call right away—bG also knows and is ready to jump in 😆
💥 A while back, you guys were excitedly asking about the zone for Long, so bG replied in both channels too: the price is in a hot zone, and there will be an adjustment. So even though it’s been choppy for a while, it’s finally here.
--> Always remind you guys not to FOMO because of this 😁
💥 Tonight, FOMC and CTA are once again at a crossroads, so just eat well, sleep well, don’t start messing around.
tt: 90% predicts the interest rate will be +25bp today, and a big portion of that has already been reflected in the price—same as usual 😁
So bG note these points:
--> If +25bp happens but the statements are dovish, like they won’t increase continuously, then it could still be "sell the rumor, buy the news" → the 74.9-75.4 area could become a short-term bottom and attract $BTC of our people who are looking for a way to get back to 76.8→
77.6→
78.3
--> If +25bp happens but it’s hawkish and the chances of multiple rate hikes are high, then that’s when the medium-term support area bG mentioned becomes important: 72-73.6.
--> If the Fed unexpectedly keeps rates unchanged, because the market price-in for the hike is already very high, the initial excitement could be extremely strong.
💥 Note: this time there are Economic Projections/dot plot, so sometimes the first move right after the rate announcement isn’t the real move—→ it could sweep both directions at 1-2am.
💥 2 areas you need to monitor on H4: 74.9-75.4 and 77.5-77.8 → so you know whether the market is truly absorbing supply or starting a correction cycle on the larger timeframe.
💥 If D1 tests 73-72 and pulls back well, you can hope for a medium-term bottom. D3 & W are still holding the rebound structure.

💥 Stay disciplined, don’t FOMO, don’t go all-in, always have risk buffers at all times. The market is brutal.
💥 Personal views only, not investment advice!
--- Love all ---