Overall Market Outlook for TodayBitcoin / U.S. dollarBITSTAMP:BTCUSDMilo-BlakeOverall Market Outlook for Today Currently trading at $64,900, the market is in a phase of range-bound consolidation following the Federal Reserve's hawkish decision. While the pause in rate hikes has provided a short-term floor for sentiment, upside potential remains firmly capped by three factors: the prolonged high-interest-rate environment, the failure of anticipated regulatory catalysts to materialize, and significant overhead selling pressure from trapped positions. With the weekly close approaching on Friday and inherent weekend uncertainty, capital flows remain generally conservative. Core Trading Strategy: Consider light long positions for a short-term rebound if the price holds the $64,300–$64,500 support zone; conversely, look to short the market at the $65,500–$66,000 resistance level to capitalize on potential pullbacks. Employ a quick-in, quick-out approach for short-term trades, significantly reduce positions before the close, and maintain light exposure over the weekend.