$BTC The Fed delivered a 25 bps rate hike, taking the target range to 3.75%â4.00%. BTC is currently around $76,500, and after the recent volatility, Iâm watching the upside carefully rather than chasing longs.$BTC
đ Short-Term Setup My focus is on the $76,500â$77,200 area for a potential scalp short.
đŻ Potential downside levels: âą TP1: $75,850
âą TP2: $75,050
âą TP3: $74,200
The $75Kâ$75.3K region remains an important area to watch because of the liquidity concentration shown on the heatmap.
đą Lower Support Zones Major support sits around $73K and $71K. Spot traders may consider these areas for a potential accumulation plan, while the $75K region remains a higher-risk area for those looking at a medium-term position.
đ Bigger Picture The current move fits the pullback phase I was watching after mid-September. For the remainder of the month, Iâm focused on how BTC reacts around these key liquidity and support levels before looking for the next major directional move.
$SOL / $BTC / $XRP are also on my watchlist for short-term opportunities.