🔥 Is BTC & ETH about to break down tonight? The key is after the US stock market opens!
The Fed has officially raised rates by 25 basis points and signaled that further rate hikes may still be on the way. In theory, that’s bearish for risk assets—but BTC and ETH haven’t directly collapsed. Instead, they’ve started showing signs of stabilizing and rebounding.
Right now, BTC is trading around $76,000–$77,000, and ETH has returned above $2,400.
📊 My trading plan for tonight:
🟠 $BTC
As long as we hold $75,000–$75,500, there’s still a chance for a short-term rebound.
For the upside, first look at $77,000 → $78,200 → $80,000.
If price falls back below $75,000 again, be careful—bearish momentum may accelerate.
🔵 $ETH
The strength of ETH’s rebound is worth watching. As long as $2,380–$2,400 doesn’t break, I’ll likely wait for a pullback and then look for long opportunities.
Upward targets:
🎯 TP1: 2,460
🎯 TP2: 2,500
🎯 TP3: 2,580
If it breaks below 2,370, the long-side structure will need to be reassessed.
⚠️ What you really need to pay attention to tonight is around the time the US stock market opens!
Besides the market continuing to digest the Fed’s rate hike, tonight there will also be US unemployment benefits, housing, and manufacturing data releases. If the data causes the market to raise expectations for further hikes again, the US dollar and Treasury yields may strengthen, putting renewed pressure on BTC and ETH. On the other hand, if market risk sentiment improves, watch for quick rallies caused by short-covering.
🔥 Tonight is not about blindly chasing longs, and it’s also not about shorting just because of the rate hike.
My plan is: as long as BTC holds around 75K and ETH holds around 2,400, we’ll observe whether the rebound continues. Once key support is lost, then we switch to a bearish mindset.
When market volatility increases, opportunities will show up as well—but you must control leverage and set stop-losses.
#BTC #ETH
The Fed has officially raised rates by 25 basis points and signaled that further rate hikes may still be on the way. In theory, that’s bearish for risk assets—but BTC and ETH haven’t directly collapsed. Instead, they’ve started showing signs of stabilizing and rebounding.
Right now, BTC is trading around $76,000–$77,000, and ETH has returned above $2,400.
📊 My trading plan for tonight:
🟠 $BTC
As long as we hold $75,000–$75,500, there’s still a chance for a short-term rebound.
For the upside, first look at $77,000 → $78,200 → $80,000.
If price falls back below $75,000 again, be careful—bearish momentum may accelerate.
🔵 $ETH
The strength of ETH’s rebound is worth watching. As long as $2,380–$2,400 doesn’t break, I’ll likely wait for a pullback and then look for long opportunities.
Upward targets:
🎯 TP1: 2,460
🎯 TP2: 2,500
🎯 TP3: 2,580
If it breaks below 2,370, the long-side structure will need to be reassessed.
⚠️ What you really need to pay attention to tonight is around the time the US stock market opens!
Besides the market continuing to digest the Fed’s rate hike, tonight there will also be US unemployment benefits, housing, and manufacturing data releases. If the data causes the market to raise expectations for further hikes again, the US dollar and Treasury yields may strengthen, putting renewed pressure on BTC and ETH. On the other hand, if market risk sentiment improves, watch for quick rallies caused by short-covering.
🔥 Tonight is not about blindly chasing longs, and it’s also not about shorting just because of the rate hike.
My plan is: as long as BTC holds around 75K and ETH holds around 2,400, we’ll observe whether the rebound continues. Once key support is lost, then we switch to a bearish mindset.
When market volatility increases, opportunities will show up as well—but you must control leverage and set stop-losses.
#BTC #ETH