#美SEC促进加密资产创新监管框架 $BTC $ETH

Right now, the entire crypto market is restlessly swinging around the $90,000 line. Bitcoin once dropped toward $94,000, then turned around and surged past $97,600. Ethereum fared even worse, dropping more than 4% in a single day, and the altcoins that went down with it are suffering even more. In the past 24 hours alone, over 570,000 traders were directly liquidated.

The driving force behind this wave of volatility is the Fed's interest rate meeting. The anticipated rate cut decision is making market sentiment swing more dramatically, and in the short term, all eyes are on the resistance at $93,000 and the support at $89,000—whether there will be a breakout or further declines depends on how these two lines perform.

Institutions' attitudes haven't changed; they're still holding onto the narrative of Bitcoin reaching $200,000 by the end of the year. However, the inflow of stablecoins has recently slowed down, which may signal that the market is entering a consolidation phase in the short term. Proactive capital is less aggressive now, making volatility and consolidation inevitable.