Wall Street Community Live: Ethereum is approaching the high pressure zone of 0.618, whether it is rising or falling, and will soon reach a dividing line. Follow the live stream to enter and eat meat!

Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Today, the overall cryptocurrency market showed a slight correction trend, with the total market value falling by about 0.4% to $3.19 trillion. Bitcoin (BTC) rebounded in the $91000-92000 range but still faces downward pressure. Market sentiment has slightly rebounded from extreme fear (fear and greed index rises to 20), but on chain indicators show bearish signals. 1. Bitcoin rebounds but trend is bearish: BTC price has rebounded to around $91200, but analysts warn that the downward trend has not broken and resistance levels may remain suppressed. The CEO of CryptoQuant pointed out that BTC is more driven by macro liquidity rather than positive signals on the chain. 2. Federal Reserve meeting focuses on encryption: The Federal Reserve Payment Innovation Conference discusses encryption, stablecoins, and AI in real-time, with industry leaders participating. The probability of interest rate cuts has risen to 85%, boosting market expectations. 3. Upbit exchange hacked: South Korean Upbit was hacked for stealing $36 million worth of SOL ecological tokens (suspected to be part of North Korean Lazarus Group), and the exchange promised to fully compensate users. Today's news mainly focused on regulatory benefits and institutional inflows, but security incidents and macro uncertainties dragged down the market. Focus on Federal Reserve data and unlocking events over the weekend. Pay attention to pressure levels: BTC: 94K (0.5 position), 97K (0.618 position); ETH: 3.14K (0.5 position), 3.25K (0.618 position) Today's news mainly focused on regulatory benefits and institutional inflows, but security incidents and macro uncertainties dragged down the market. Pay attention to Federal Reserve data and unlock events before the weekend. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.