Recently, Bitcoin's performance has indeed been quite turbulent. Early yesterday morning, the price plummeted sharply from above $93,000 to $91,260, then quickly rebounded. Such intense short-term volatility has everyone on edge, but the underlying logic is worth a careful analysis.

In comparison, Ethereum's performance appears much more stable. Recently, ETH's price has been oscillating within the range of approximately $3,150 to $3,300. Although there are fluctuations, the volatility is relatively controlled. From a technical perspective, several indicators are signaling buy signals in the short term, which is a good sign for short-term traders. However, when extending the timeframe to weekly or monthly views, these indicators become more neutral. This suggests that large funds are still on the sidelines, waiting to see how the market develops before fully committing.

**Some Views on Short-Term Volatility**

In facing such market conditions, maintaining clear judgment is essential. First, the rapid rise and fall during early hours essentially test support and resistance levels repeatedly. As long as Ethereum can stay above the support zone of around $3,150 to $3,180, the short-term technical structure remains intact. If it falls below this level, a reassessment of risk is necessary.

Second, the current capital flow warrants attention. The influx of new funds into the market has not entirely favored Bitcoin, giving other mainstream coins some room to perform. If Bitcoin can hold steady at current levels, some institutional and smart money are likely to start positioning in infrastructure tokens like Ethereum, which is a common pattern in market rotations.

**Macroeconomic Factors Cannot Be Ignored**

The Federal Reserve's interest rate policies and the flow of global risk assets remain key factors influencing the overall market rhythm. Before these major policy signals become clear, high volatility is likely to persist as the norm. This means we need to leave enough risk buffers in our trading strategies.

**Possible Trading Approaches**

In the current market environment, key technical levels are especially important. Ethereum's $3,180 support is a visible line of defense. If the price can break above $3,300 resistance, it may attract more capital. Conversely, if support cannot hold, reducing positions or adopting a wait-and-see approach might be wise. Overall, waiting for a clear technical breakout is often more prudent than rushing into trades.