Market Analysis:

The Federal Reserve's interest rate decision in the early morning acted like a "macro nuclear bomb," completely detonating the market: Gold plummeted to the 4,800 level, and BTC also cliff-dived to the 74,000 level, which is the ultimate manifestation of "inflation trade suppressing safe-haven logic."

Macro News:

1. On March 19 at 2 AM, the Federal Reserve released key points from its rate decision: maintained the federal funds rate unchanged at 3.5%-3.75%; Powell stated "we won't cut rates if we don't see progress on inflation"; the dot plot's key signal "maintained the forecast of one rate cut each in 2026 and 2027";

2. The US Dollar Index surged significantly during Powell's speech, briefly breaking through the 100.11 level, ultimately closing up 0.74% at 100.30. The stronger dollar directly hit gold priced in dollars and also suppressed risk asset valuations. After gold broke through key support levels, it triggered a large number of programmed stop-loss orders and passive liquidation of leveraged positions, forming an "decline → sell → further decline" accelerated move. However, this gold crash is not due to safe-haven assets falling out of favor, but rather due to decision expectation digestion + position adjustment. The long-term support logic remains intact.

3. The Federal Reserve's restrained hawkish decision in the early morning pushed up the dollar and increased risk asset holding costs, triggering concentrated profit-taking outflows from BTC. Combined with the impact of previous ETF capital inflows, this somewhat alleviated pullback pressure, avoiding major sharp declines.

Operational Recommendations: Please consult with the live broadcast room.

Special Reminder: The decision's bearish impact is still being digested, volatility is intensifying. Avoid getting caught in whipsaws, position at dips without chasing declines, strictly control position sizes, and enforce strict stop-losses. #Gate13周年全球庆典 #美股收盘加密板块多数上涨 $BTC $ETH