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The cryptocurrency market has been under pressure recently. This week will be a key moment as the Federal Reserve is about to release the meeting minutes, and the macro sentiment in the market is becoming increasingly cautious. Bitcoin is currently priced around eighty thousand dollars, nearing the strong support of about seventy-five thousand dollars at the 120-week moving average; if it falls below this, it could trigger a new round of sell-offs. The trend for Ether is also not optimistic, with the three thousand dollar mark being precarious; if the news is unfavourable, it could directly break through the 120-week moving average in the short term, dipping to around twenty-eight hundred dollars.
The overall market sentiment is currently leaning towards risk aversion, and investors should avoid blindly bottom-fishing. In a bear market environment, the bottom is difficult to predict, and any rebound may only be a temporary correction rather than a trend reversal. Once key moving averages on the technical front are lost, it often accelerates downside risk.
On a macro level, the Federal Reserve's interest rate policy trends significantly impact the cryptocurrency market. If the meeting minutes release hawkish signals, it will further suppress the performance of risk assets. Investors are advised to remain cautious, strictly control their positions, and patiently wait for market clarification before making decisions. Short-term volatility is intensifying, and high-leverage operations are highly susceptible to liquidation risks. In the long term, projects with solid fundamentals may still have the potential for value recovery, but the current phase should focus on defense. #美联储会议纪要将公布 $BTC .