Summary: Target 71 reached. If tonight's meeting is bearish news, it's possible to break below 70,000 and come down to 66. Everyone, remember risk management! #BTC #ETH

Today's Bitcoin and Ethereum downslide in this wave is somewhat beyond expectations, especially with Ethereum's decline being overly steep, dragging down the overall trend weakness. The Federal Reserve interest rate decision will land in half an hour, and there's a 100% chance of no rate cut, so it's a rate hold. However, it seems the market has basically digested the no-rate-cut scenario for March, so there's a high possibility of a dip followed by a rise, but the magnitude won't be very large. The key is Powell's speech, which concerns whether there will be rate cuts in the three quarters after 2026. The number of cuts can be referenced from the dot plot, and inflation can be referenced from his speech and economic data. More importantly, the critical question is whether he will step down or continue his term? The probability of Kevin being elected as the next chairman is relatively high. After all, early in the year hawkish signals were revealed that pressured the market, but Trump has a preference for lower interest rates. Regarding Powell's speech tonight, I lean toward a dovish tone, so observers can selectively place orders in the 6.98-7.02 range, looking up at the 7.2-7.25 ten-thousand range. For Ethereum, maintain the 2120-2158 range. $BTC

The stock market may be providing the clue. Do you see it too? Chart below includes $WGMI, bitcoin, ethereum.