3.18 Afternoon BTC Bullish Analysis

1-hour chart: Big Bitcoin pulled back near 73,000 and received strong support, quickly recovered the 74,000 level, Bollinger Band mid-line turned upward, price returned above the band, MA7/MA30 moving averages golden cross upward, short-term bulls resumed, with solid support at 73,500-73,800 below, pullbacks are low-long opportunities.

Fed Decision Positive Catalyst: Tonight's FOMC meeting is expected to maintain rates unchanged, market has fully priced in hawkish expectations, as bad news is exhausted, good news emerges. Even if the dot plot is hawkish, Powell's speech will likely release cautious balanced signals and will not further tighten expectations; high interest rate expectations have peaked, follow-up liquidity tightening pressure diminishes marginally, risk assets welcome a recovery window, Bitcoin as mainstream crypto asset rebounds first.

Bulls Accumulating Energy: Yesterday's spike to 75,998 was healthy profit-taking, institutions not in full retreat but short-term profit-taking and floating chip cleanup, current fear & greed index at extreme fear bottom zone, typical staged bottom-fishing signal, whales and ETF funds continue net inflows, bulls low-position accumulation evident, rebound momentum sufficient.

Geopolitical & Regulatory Shift to Support: Middle East tensions drive safe-haven demand, Bitcoin combines safe-haven and inflation-hedge attributes, capital allocation willingness rises; South Korea and Hong Kong regulatory tightening long-term positive for industry standardization, after short-term disruption subsides, compliance accelerates institutional capital entry, risk appetite will quickly recover, opening Bitcoin rebound space.

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