The latest Federal Reserve Beige Book indicates that support for interest rate cuts still requires time. Federal Reserve's Hamak further pointed out that market volatility stems from risk transfer, and there is currently no need for intervention. This statement is seen as a signal to continue maintaining high interest rates, exacerbating market uncertainty.
BTC maintains a fluctuating pattern, currently quoted at 93,320 USDT. According to liquidation data, if the price falls back to 92,320, it is expected to trigger over 169 million USD in long liquidations; if it rebounds to 94,320, it will trigger 99 million USD in short liquidations. Currently, the pressure from long liquidations is greater than that from shorts, and investors are advised to control leverage and beware of sharp market reversals.
Opinion: Under the cautious tone of the Federal Reserve, risk aversion sentiment is rising, and the short-term market will maintain fluctuations, with a strategy focused on stability.
