Rate-hike expectations have been digested—why is $BTC still so stubborn?
BTC is currently around $77,400, with an intraday low dipping to $76,290, before bouncing back above $77,000.
This Fed rate hike of 25 basis points has already been implemented, bringing the rate to 3.75%-4%, yet BTC hasn’t seen sustained selloff—suggesting this bearish factor has largely been priced in by the market in advance.
In terms of trading, I’ll watch two levels:
Around $76,000 is the spot that short-term longs need to defend. If it pulls back to this area, it may hold and stabilize—then you can consider scaling into longs. If it breaks down and the subsequent rebound can’t reclaim the level, then longs should retreat first—don’t stubbornly hold on.
On the upside, first look at $78,000. After a break and a firm hold, then watch around $79,500. If it spikes higher with clear volume but can’t hold, be on guard for a pullback—shorting at the high is more comfortable than chasing longs.
In this kind of market, the biggest change is: the rate hike has already landed, but BTC hasn’t given the shorts the downside room they want.
BTC is currently around $77,400, with an intraday low dipping to $76,290, before bouncing back above $77,000.
This Fed rate hike of 25 basis points has already been implemented, bringing the rate to 3.75%-4%, yet BTC hasn’t seen sustained selloff—suggesting this bearish factor has largely been priced in by the market in advance.
In terms of trading, I’ll watch two levels:
Around $76,000 is the spot that short-term longs need to defend. If it pulls back to this area, it may hold and stabilize—then you can consider scaling into longs. If it breaks down and the subsequent rebound can’t reclaim the level, then longs should retreat first—don’t stubbornly hold on.
On the upside, first look at $78,000. After a break and a firm hold, then watch around $79,500. If it spikes higher with clear volume but can’t hold, be on guard for a pullback—shorting at the high is more comfortable than chasing longs.
In this kind of market, the biggest change is: the rate hike has already landed, but BTC hasn’t given the shorts the downside room they want.
