The core market news at present is that after the Federal Reserve maintained interest rates unchanged, market expectations for subsequent easing have cooled again. Due to cautious overall guidance, risk assets face short-term pressure. After Bitcoin broke below the 70,000 level, market sentiment has weakened somewhat, limiting the strength of rebounds.

Ethereum is following synchronously lower and overall performing weaker than Bitcoin, indicating that funds remain cautious among mainstream coins currently. The market's willingness to absorb highly volatile assets is temporarily insufficient, with short-term moves largely driven by Bitcoin's sentiment.

Additionally, the Middle East situation remains tense, with international crude oil prices maintaining elevated levels, further exacerbating market concerns about inflation persistence. Under external macro pressure, Bitcoin's rally momentum is being suppressed, while Ethereum, due to greater elasticity, shows relatively more pronounced chart volatility. Overall, current news sentiment has a predominantly suppressive effect on both. #Gate13周年全球庆典 $BTC