New chance if you missed the short!Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.Pmaxi_ontiBut first — all eyes on the Fed interest rate decision today. This one is especially interesting because the market is truly split on what will happen. → BTC has finally printed a lower high + lower low on the higher timeframes → Broken down from the rising trendline The 65k zone is now sitting right at the confluence of: • 50d EMA • 0.618 Fib of the whole range • 0.786 Fib short-term • Local resistance from the VWAP of the 67k top However, the rate decision will be the real catalyst today. I’m leaving my limit short at 65k in because: → I still think the bear market is not over → We broke above the 50d EMA and just dropped back below it → Clear lower high on the 4H → Weekly chart is looking weak (rejection from the VWAP of the 82k high + possible bearish engulfing forming) In other words: I think the risk is worth it here... NFA I also find it somewhat suspicious that we’re pumping into the interest rate decision — the last few times we mostly saw de-risking beforehand. NFA!