#加密市场回调
The cryptocurrency market may be experiencing a round of correction, influenced by multiple factors. Bitcoin may pull back after breaking the $100,000 mark, with altcoins experiencing larger declines. On the macroeconomic front, the Federal Reserve's slowdown in rate cuts or a rebound in inflation may weaken the appeal of risk assets, leading to a capital flow towards safe-haven assets. Technically, adjustments following overbought conditions are normal, and the stability of trading volume and support levels is key. Market sentiment may fluctuate due to the realization of favorable policies (such as the U.S. reserve plan) or event shocks (such as rumors of sell-offs). In the short term, if BTC holds its support, the market may consolidate; if it breaks down, it may test $70,000. In the medium term, continued rate cuts or the realization of favorable conditions may still drive BTC towards $200,000. Investors should pay attention to on-chain data, spot premiums, and correlations with U.S. stocks, being cautious about chasing highs or panic selling. When the correction exceeds 10%-15%, BTC and ETH may present opportunities for accumulation at lower levels. Overall, this is a cyclical adjustment in the market, and the long-term trend still depends on macroeconomic conditions and policy developments.