Today’s market shows cautious volatility ahead of the Federal Reserve rate decision announcement. Bitcoin broke above the 90,000 level intraday, while Ethereum regained the 3,000 mark, reaching a high of 3,041. Both assets recorded slight gains over the past 24 hours, mainly due to the market’s general expectation that the Fed will keep interest rates unchanged. However, overall market sentiment remains subdued by macroeconomic uncertainties, including the potential government shutdown in the US and trade friction concerns, leading funds to flow into traditional safe-haven assets like gold, putting pressure on the crypto market.

From a technical perspective, the market is at a critical decision point. Bitcoin’s volatility has sharply contracted, forming an “compression” pattern, indicating an imminent strong directional breakout. The key pivot point is at the weekly support of 86,500. A close below this level could open the door to deeper declines toward the 80,000 area; an effective breakout above the 91,000-92,000 resistance zone is needed to confirm a short-term rebound. Ethereum’s movement remains correlated with Bitcoin, with the 3,000 level serving as an important psychological threshold and short-term support/resistance boundary. Solid support is at 2,950; a break below could lead to a drop toward 2,850.

In terms of trading strategy, given that Bitcoin is in a high-volatility compression state above a key support level, and with important events like the Federal Reserve Chair’s speech scheduled for tonight, it is advisable to remain cautious until the market direction becomes clearer. Aggressive traders may consider light long positions to test the waters; if a volume-driven breakdown occurs, switch to a trend-following short position, manage position sizes carefully, and set stop-losses. #内容挖矿焕新公测开启 $BTC