The recent market conditions are indeed quite interesting. Bitcoin has been adjusting from around 88,500 down to about 87,000, a decline of over 1,300 points, indicating a significant downward space. Ethereum has also not paused, dropping from the 2,970 level to around 2,900, with a single-day decline of about 70 points. The performance of the Solana ecosystem is also worth paying attention to.

Behind this wave of adjustment, the Federal Reserve's repurchase agreement plan has played a significant role. The market is digesting these new policy signals, and the competition between Bitcoin and gold is becoming increasingly intriguing. Some believe they are vying for the status of safe-haven assets, but based on actual market feedback, digital assets are steadily gaining institutional recognition.

The current focus remains on whether these leading cryptocurrencies can hold their key support levels. If the Federal Reserve's expectations continue to adjust, further volatility could be unleashed. For short-term traders, this kind of oscillation within the range actually contains many trading opportunities—it's all about catching the rhythm.