Recently, this wave of market movement has been quite interesting. Bitcoin surged from around 88,500 to about 87,000, creating a 1,300-point range. Ethereum (ETH) also didn't stay idle, dropping from 2,970 to around 2,900, a decline of 70 points. Solana's performance is also worth paying attention to.
Speaking of which, this wave of movement is closely related to the Federal Reserve's repurchase agreement plan. The market is digesting these policy signals, and the competition between Bitcoin and gold is becoming more and more intriguing—some say they are vying for the status of safe-haven assets, but from the actual trend, digital assets are indeed gradually gaining institutional recognition.
The key now is whether these leading cryptocurrencies can hold their support levels. If the Federal Reserve's expectations continue to adjust, there may be new volatility ahead. For intraday traders, this kind of range-bound oscillation presents quite a few opportunities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
0xSoulless
· 10h ago
Down and up again, the retail investors are starting to spin stories. What about Federal Reserve policy signals? Honestly, it's just big funds cutting the retail investors.
Talking about support levels? The person saying that probably hasn't been trapped and held tightly.
Day trading opportunities? Haha, it's most likely just an opportunity to give trading platforms more fees.
Bitcoin and gold competing for safe-haven status? That's laughable. If institutions approve, it can rise? Then why am I still losing?
Range-bound oscillation? Nice words, but in reality, it's just bouncing around your stop-loss levels.
View OriginalReply0
OneBlockAtATime
· 10h ago
A plunge of 1300 points, does anyone dare to take the plunge?
Even the second-tier coins are following suit, this rhythm is a bit strange.
If you can't hold the support level, you have to cut it, don't overthink it.
The Federal Reserve is causing trouble again, it's really annoying.
Range volatility? I just buy high and sell high haha.
Bitcoin competing with gold for market share, this storyline is quite interesting.
1300 points, just run when you want to run, my stop-loss is gone.
Institutional approval? Let's wait for the price to stabilize first.
This wave of policy signals is really hard to understand, it's too complicated.
Day trading to earn some pocket money is okay, don't expect to get rich overnight.
View OriginalReply0
DAOdreamer
· 11h ago
It's still so stable despite dropping 1300 points, could it be that a big whale is supporting the market again?
I didn't even feel the 70-point drop in ETH, but with Bitcoin's recent decline, I always feel there's more to the story.
The Federal Reserve's moves are really impressive; the market is still guessing.
If the support level can't hold, it might really revert to the old pattern, not looking very optimistic.
Why is SOL's presence so weak lately? Time to wake up.
Do institutions really recognize digital assets? I think they're just testing the waters.
For intraday trading within this range, quick hands can make some profit, while slow hands might get caught.
View OriginalReply0
ConsensusDissenter
· 11h ago
A 1300-point drop is quite harsh, feels like institutions are testing the bottom line.
The resilience of the second pancake is indeed weak, every time the Federal Reserve sneezes, it catches a cold.
The game between Bitcoin and gold still needs to be watched; it's too early to say who wins.
Friends who trade intraday are probably going bald again, haha.
Support levels—once broken, they're broken; anyway, new ones will be found.
It feels like this wave is a signal of funds reallocating; institutions are really starting to take it seriously.
Range volatility is indeed intense, but the premise is that you must be able to accurately judge the boundaries.
How about Solana? It seems everyone has overlooked it.
The Federal Reserve keeps messing around; following the fluctuations can be quite interesting.
If the support level can't hold, just wait for the rebound to come again—nothing surprising about that.
View OriginalReply0
SelfCustodyIssues
· 11h ago
Why pretend here with a 1300-point drop? When a real crash happens, this kind of fluctuation is just a drop in the bucket.
We still need to watch the second batch; it feels like institutions haven't truly entered the market yet.
The Federal Reserve's combination of measures does have some substance, but don't be fooled by policy signals.
Holding the support level? I'm more interested in when we can hit a new high.
This wave of volatility is indeed an opportunity for intraday traders, but the risks are very real.
Bitcoin vs. gold, in the end, it's still the flow of funds that determines the outcome.
View OriginalReply0
ProposalDetective
· 11h ago
It's hard to move in a 1300-point range, we need to see how the Federal Reserve will mess around next.
This wave of ETH has been a bit disappointing; it's really troublesome if it can't hold the support level.
What are BTC and gold competing for? Institutions have already bet on both sides.
Range-bound oscillation is probably the paradise for day traders and short-term traders.
Breaking the support level feels like we're about to replay the same story again.
Policy signals are always the most toxic form of chicken soup.
Why is Solana being brought up? This guy always wants to sneak into the top.
A single statement from the Federal Reserve can directly change the market trend; it's really off the charts.
Whether it holds or not ultimately depends on the mood of the institutions.
I'm actually less willing to chase this kind of volatility; it's easy to get smashed.
Recently, this wave of market movement has been quite interesting. Bitcoin surged from around 88,500 to about 87,000, creating a 1,300-point range. Ethereum (ETH) also didn't stay idle, dropping from 2,970 to around 2,900, a decline of 70 points. Solana's performance is also worth paying attention to.
Speaking of which, this wave of movement is closely related to the Federal Reserve's repurchase agreement plan. The market is digesting these policy signals, and the competition between Bitcoin and gold is becoming more and more intriguing—some say they are vying for the status of safe-haven assets, but from the actual trend, digital assets are indeed gradually gaining institutional recognition.
The key now is whether these leading cryptocurrencies can hold their support levels. If the Federal Reserve's expectations continue to adjust, there may be new volatility ahead. For intraday traders, this kind of range-bound oscillation presents quite a few opportunities.