We find that after each Federal Open Market Committee (FOMC) Meeting, the market tends to sell off for 4-8 days.

Then the total market capitalization of cryptocurrencies will hit a new all-time high.

Powell is manipulating our emotions again.

Yesterday's decline saw the popular coins on alpha recently drop by nearly 20 to 30 percent, primarily due to a concentrated sell-off by large holders, which also affected the secondary market meme altcoins, many of which hit new lows after the 1011 rebound.

Most altcoins are currently at key support levels, but if the market cannot rally and U.S. stocks continue to fall tonight, these altcoins will continue to break down, and the downside potential will further open up. I hope we can at least stop the decline for now. Whether on the daily or 4-hour chart, Bitcoin is currently in a clear consolidation structure.

In a volatile market, the trading strategy is not about determining when the volatility will end or where a one-sided trend will start, but about mechanical execution: repeatedly entering and exiting within a structurally effective range, setting stop losses for each trade, until a stop loss indicating a change in trend direction appears.

To put it more directly: set a stop loss, make continuous profits according to the oscillation rhythm, until that one loss declares the structure invalid.