#美联储联邦公开市场委员会决议 BTC has been repeatedly fluctuating in the range of 87,100 to 95,000 for eight days, will it usher in a breakthrough or fall into a more complex consolidation? The signals revealed by the market itself are often more reliable than the predicted news side.

Yesterday, many people were bearish at ETH 3170, but their backhands were covered - this is the cruelty of the market. On the other hand, SOL is very calm around 140, while ETH's market performance around 3350 has exposed some signs that it should not have.

It is even more interesting to look at the performance of those small coins. $PIPPIN has entered the rhythm of repeated trial and error since 0.35, and $BEAT $POWER use the same set of templates, and this kind of anti-human reverse operation is the most noteworthy. Although $LUNC and LUNA have the same root, their fates are very different, and some have tripled. The third doji around 0.0000385 shows that this is not a simple manipulation technique, but a typical J-series trend - even for small coins, the background is completely different.

$HYPER this project has increased by 50 points since the 1st, as a cross-chain protocol product, there is no need to overtrade in the short term. MAGIC signaled a trading trough at 0.095 and has now accumulated nearly 50% gains around 0.145. Looking back at the sharp fluctuations in November, many projects have had obvious price deviations, and the 2025 copycat market hyped in the square at that time has not come yet, but has fallen collectively, and more than 90% of the project participants have suffered serious losses or even liquidated their positions.

Hot players on AI topics like $FET should be extra cautious. The more popular it is, the more vigilant it is - historical fluctuations will not be completely repeated, and the development background of FET and MAGIC and LUNC is completely different.

The situation on the ETH chain is even more interesting. The investment of many large institutions does not seem to have stimulated the growth of Ethereum's market capitalization, but the smart Ethereum Foundation reduces its positions at high points from time to time, which is indeed not very face-saving, but it also reflects their keen sense of the market.

ETHFI and ENS are both innovative products on the chain, and ENS domain names need to be extra cautious. At that time, everyone was very popular with it, and it happened to be the highlight period of the ETH chain, and the metaverse and BAYC avatar era were on fire. From $60 to now shrinking more than 6 times, it is not so outrageous from a historical point of view. ETHFI is not suitable enough for those aggressive researchers, and the noble chain trying to take the cheap route itself is not feasible, and it is expected that the chain will usher in a new round of activity.

WIF's increase of more than 30 points is actually the result of hard work, which is both deep and not too passive. Although projects like last year's USUAL have sparked heated discussions, it is unlikely that the same plot will be played out again this year.