3.18 Afternoon BTC Bullish Analysis

1-hour chart: BTC pulled back to around 73,000 and found strong support, quickly recovered the 74,000 level, Bollinger Bands mid-line turned upward, price returned above the band, MA7/MA30 golden cross pointing up, short-term bullish momentum returned. Strong support at 73,500-73,800 below, dips are low-long opportunities.

Fed Decision Catalyst - Positive Boot Lands: Tonight's FOMC meeting is expected to keep rates unchanged, the market has already fully priced in hawkish expectations, exhausted selling is bullish. Even if the dot plot leans hawkish, Powell's remarks will likely release a cautious, balanced signal and won't further tighten expectations; high rate expectations have peaked, subsequent liquidity tightening pressure weakening at the margin, risk assets welcoming a repair window, BTC as a mainstream crypto asset rebounding first.

Bulls Building Momentum: Yesterday's surge to 75,998 was healthy washout, institutions not completely fleeing but taking short-term profits and clearing weak hands. Currently the fear & greed index sits at extreme fear bottom zone, typical stage-specific bottom-fishing signal, whales and ETF funds showing continuous net inflows, bulls clearly accumulating at low levels, rebound momentum sufficient.

Geopolitics & Regulation Turning Supportive: Middle East situation pushing up safe-haven demand, BTC carrying both safe-haven and inflation-hedge attributes, capital allocation willingness rising; South Korea and Hong Kong regulatory tightening a long-term industry normalization positive, short-term disruption fading, compliance acceleration attracting institutional capital, risk appetite rebounding quickly, opening up BTC rebound space.

Trading Recommendation: Long 73,500-73,000, target 75,500-76,000