Bitcoin Consolidating at $74,000, Ethereum Steady at $2,300! "75,000 Positions Liquidated" on Eve of FOMC

Bitcoin sideways consolidation around $74,000, Ethereum slightly rebounded, 24-hour total liquidation reached $265 million, mainly long positions, market awaits tonight’s FOMC rate decision.
（Previous summary: Is this the “last dip” before Bitcoin reverses? The real script of liquidity tightening is unfolding）
（Additional background: Can Bitcoin enter a long-term bull market by 2026? The key is to pass three major tests）

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• Ethereum slightly recovers, now at $2,323
• 24-hour liquidation $265 million, mostly long positions
• FOMC decision tonight, market sentiment remains cautious

Bitcoin reached a 24-hour low of $73,399 at 21:00 Taiwan time on 03/17, then gradually rebounded, briefly hitting a daily high of $74,894 at 23:00 on 03/17, with overall volatility within 2%. As of writing, BTC is at $74,004, up +0.06% in 24 hours, with a 24-hour trading volume of about $1.31 billion, showing sideways movement.

Ethereum slightly recovers, now at $2,323

Ethereum hit a daily low of $2,298 at 14:00 on 03/17, then followed the market trend to rebound, reaching a high of $2,358 at 23:00 on 03/17, with a 24-hour increase of +0.81%, slightly outperforming Bitcoin. As of writing, ETH is at $2,323.

24-hour liquidation $265 million, mostly long positions

According to CoinGlass data, total liquidation in the past 24 hours reached $265 million, affecting 75,227 traders. The largest single liquidation was $7.29 million. In terms of long and short positions, longs dominate: BTC longs liquidated $66.13 million, shorts $26.29 million; ETH longs liquidated $77.51 million, shorts $15.18 million. During sideways trading, leveraged longs face heavier pressure.

FOMC decision tonight, market sentiment remains cautious

The Federal Reserve’s FOMC rate decision will be announced at 02:00 Taiwan time on 03/19, the most important macro event of the week. Currently, the market widely expects no change in interest rates, with investors becoming more cautious. The crypto market maintains low volatility and sideways movement ahead of the decision. The outcome and subsequent press conference signals will be key indicators for short-term direction.