Although the Federal Reserve has not explicitly turned dovish this time, those with insight can see that the rate hike cycle is nearing its end. There are more and more signals that inflation has peaked, and the tightening rope will eventually loosen.

For our risk assets, the most painful period of liquidity has likely been endured. As the most sensitive asset class to money, cryptocurrencies will definitely move first.

Market view: $BTC is now pulling back to around 87650, and the 4-hour chart looks a bit pressured, but I think this is actually a healthy 'washout.' The support at the bottom is solid, and the selling pressure has mostly released. This kind of volume contraction repair on the hourly chart doesn't indicate weakness in the bulls; rather, it is building momentum to find a new balance. Looking at the big cycle, the upward channel since the beginning of the year is very stable.

Don't be scared by short-term pullbacks; every rational correction is to pave the way for higher advances in the future. Time replaces space, and the next round of the market is brewing.

Operational suggestions:

$BTC : directly go near 87000, target 92000

$ETH : directly go near 2900, target 3200

Markets are born in despair and rise in hesitation; additionally, I am very optimistic about #Synbo , everyone should pay attention to it!