Today's market Overall, before being classified as FOMC, everyone was quite cautious. Tonight is Walsh's first speech. What is more important is whether the dot matrix diagram will be released today, and what expectations the dot matrix diagram has for the rest of this year. The last dot plot originally included the expectation of another interest rate cut this year. With non farm payroll and CPI, the market is now approaching pricing for not cutting or raising interest rates this year. So let's take a look at today's dot matrix and what expectations it may have for this year. It is estimated that the market will also pick up Walsh's speech word by word today, and there may be significant fluctuations. ------------------ Financial aspect (Figure 1) Today, there is another disagreement between the two sides Binance sells, Coinbase slowly buys. The ETF has turned positive again, but it cannot withstand the selling pressure from Binance. Let's look at the FOMC. ----------------- Hanging Order&Structure (Figure 2, Figure 3) The reference value of today's pending orders is not very strong. There are only 64k spot and contract orders below. Above is 67k. What is actually more crucial today is whether the 64.5k POC mentioned yesterday can hold on for a while. The rebound just now also gave this position 500 points. So let's continue to observe here. The current rebound, with TP seeing today's VWAP first (Figure 3) within the day From the perspective of the 4H structure, the key point of this wave is at 63.6k. If this wave can be collected above 63.6k, it can still be considered as a rebound of HL. If you can't retract after wearing 63.6k, consider that this rebound will return to the previous range. (The larger breakthrough point is at 60.6k) ------------ From the perspective of liquidity (Figure 4) All the way down, the bullish SL on the hyperliquid has been hit all the way (left in Figure 4). Currently, this wave of bullish SL will end around 63.8k. The liquidity of contract clearing is also in line with Binance and Bybit .. So if you can't hold onto the POC at 64.5k today, continue squatting below 64k. 64k booking unit,+high liquidity level+63.6k previous HL and potential SFP -------------------- Today, the FOMC has decided on more plans .. At present, the plan is to continue observing around 64.5k and 63.8k. Before observing FOMC. Let's see the rest tomorrow.