3.19 Evening BTC Analysis: FOMC Decision Bearish Catalyst Materialized, BTC's 69000 Key Support Determines Near-term Momentum
The Federal Reserve held rates steady at this FOMC meeting. Chair Powell's remarks clearly indicated that inflation has not fallen as expected, and the near-term window for rate cuts has essentially closed. This signal directly brought phase correction pressure to the market.
Before the data release, the market had already priced in pessimistic expectations ahead of time. Bitcoin pulled back from highs around 74,600 under selling pressure. Combined with US stocks openin
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