#美联储重启降息步伐 Let's talk about the recent price action of $BTC and $ETH today. Honestly, both coins have shown some weakness lately, with a clear overall trend of choppy downward movement.

Starting with Bitcoin: although the Fed has signaled potential rate cuts—which should theoretically boost market liquidity—the issue is that money has been consistently flowing out of ETFs, and there’s no real correlation with traditional assets like US stocks or gold anymore. The buying pressure just isn’t there. Look at the 93,000 to 95,000 range: every attempt to break higher gets pushed back down. The 15-day and 20-day moving averages are clearly bearish, and after dropping below 90,000 yesterday, the rebound was weak and lacked any significant strength for a recovery.

Ethereum's situation is similar. Even though the network upgrade news is a positive, it's currently too closely tied to Bitcoin, basically following BTC’s drops but not its gains. There’s heavy resistance above 3,200, and the recent consolidation range hasn't broken out. Each rebound fizzles out quickly.

At this stage, it’s crucial to keep a close eye on whether key support levels hold. Without a clear breakout with strong volume, the chances of continued choppy downward movement are higher.

In terms of strategy: you could consider shorting $BTC in the 89,700–90,200 range, targeting around 88,500; for $ETH, shorting near 3,050–3,070 with a target at the 3,000 level makes sense. Of course, always set your stop-losses—market conditions can change quickly.