Bitcoin surged to the 94,500 level, but the bullish momentum was insufficient, triggering a pullback. The turning point occurred when the Fed's interest rate decision was announced in the early morning. Benefiting from positive news, a "spike" type rally occurred, quickly rising from around 91,650 to near 94,490. However, this positive news did not lead to sustained momentum. The selling pressure quickly eased above, and after reaching the high, the price fell back rapidly, breaking below the 90,000 integer level.

Going forward, besides monitoring support levels and defensive positions, market sentiment changes will be critical. If panic emotions intensify, they may lead to further selling pressure; conversely, if sentiment gradually stabilizes, it could lay the foundation for a rebound.

Ethereum performed relatively strongly yesterday, but under the overall market correction environment, it also failed to escape downward pressure. After digesting positive news, selling pressure surged, leading to a quick pullback. The low point has dropped to around 3,160. Currently, no clear sign of a trend reversal has formed. The subsequent rebound strength will depend on the effectiveness of support levels and the flow of market funds.

Currently, the strong resistance for Bitcoin is at the 95,000 level, with strong support at 88,000; for Ethereum, strong resistance is at 3,500, with support at 3,000.