Cryptocurrency Price Action Update

Bitcoin (BTC): Current price: $80,517.35, 24-hour trading volume: $87,385,371,167. Up 1.93% in the past 24 hours, down 2.67% over the past week. Circulating supply: 19.85M BTC. Market cap: $1,598,124,687,974.

Ethereum (ETH): Current price: $1,604.42, 24-hour trading volume: $48,508,654,771. Up 0.60% in the past 24 hours, down 12.15% over the past week. Circulating supply: 120.67M ETH. Market cap: $193,366,955,064.

Ripple (XRP): Current price: $1.93, 24-hour trading volume: $13,968,342,206. Up 0.19% in the past 24 hours, down 7.47% over the past week. Circulating supply: 58.27B XRP. Market cap: $112,323,250,209.

Fed’s Closed-Door Meeting

Is something big coming? Where there’s a will, there’s a way—rumors about the Fed’s closed-door meeting are spreading like wildfire. Scheduled for 11:30 AM EST on April 7 (11:30 PM Beijing time), this mysterious meeting is about to begin. Those familiar with market rules know that Fed closed-door meetings are rare, and when they do happen, they often signal major events, sending markets into a frenzy.

Looking back to March 15, 2020, when Trump made the absurd suggestion to "inject disinfectant to fight COVID," global markets plunged into chaos, triggering multiple trading halts. To stabilize the situation, the Fed hastily convened a closed-door meeting, slashing interest rates from 1.25% to 0% and rolling out a massive $700B stimulus package. Back then, the Fed and the government were in sync—but now, the situation is entirely different. Recent setbacks for the Fed have cast a cloud of suspense over this meeting.

So, what’s really going on this time? No one knows. It could be a major move—like adjusting rate-cut timelines, financial risk control, or even emergency intervention. Or maybe some will say not to overreact—it’s just a routine discussion. Wake up in the morning, and you’ll see multiple "closed" signs, all in the wrong places. After the meeting, things might shift from "Max" to "Pro" in an instant—who wouldn’t be on edge?

The key question: Will Powell back down? If he does this time, he’ll have to keep doing so. My guess is that the Fed wants to calm the markets but won’t unleash drastic measures outright—otherwise, it’ll lose credibility. Can it really hold back?

As soon as the news broke, bond and stock markets were already on high alert, nerves stretched taut. But the market isn’t playing along—money is still pouring into bonds. Keep an eye on major influencers today, or it might be time to think about the bigger picture.

Where’s the Bottom-Fishing Opportunity? Remember These Three Points!

1. Stick with Major Coins
   Bitcoin’s current price is at a relatively safe level. If you’re planning to position yourself, consider gradually accumulating major coins. Remember: Don’t go all-in—dollar-cost averaging is king! The market won’t collapse from a single drop; instead, this could be a gradual bottoming-out process.

   Right now, keep an eye on major altcoins (like SOL, PEPE, ONDO) and build positions in batches—never bet the farm at once.

2. Be Cautious with Altcoins—Wait for Bitcoin to Stabilize
   Altcoins typically follow a pattern of sharp rebounds first, then deep corrections—some projects might even go to zero. So, if you’re eyeing altcoins, wait for Bitcoin’s price to stabilize before jumping in. Avoid chasing pumps or panic-selling.

3. Most Panic Sellers Have Already Exited
   The current market is unsettling, but look at it this way: most of those who sold in desperation have already left. What comes next could be a real test for the market—and often, that’s when the best opportunities emerge.

Cryptocurrency Price Action Update

Bitcoin (BTC): Current price: $80,517.35, 24-hour trading volume: $87,385,371,167. Up 1.93% in the past 24 hours, down 2.67% over the past week. Circulating supply: 19.85M BTC. Market cap: $1,598,124,687,974.

Ethereum (ETH): Current price: $1,604.42, 24-hour trading volume: $48,508,654,771. Up 0.60% in the past 24 hours, down 12.15% over the past week. Circulating supply: 120.67M ETH. Market cap: $193,366,955,064.

Ripple (XRP): Current price: $1.93, 24-hour trading volume: $13,968,342,206. Up 0.19% in the past 24 hours, down 7.47% over the past week. Circulating supply: 58.27B XRP. Market cap: $112,323,250,209.

Fed’s Closed-Door Meeting

Is something big coming? Where there’s a will, there’s a way—rumors about the Fed’s closed-door meeting are spreading like wildfire. Scheduled for 11:30 AM EST on April 7 (11:30 PM Beijing time), this mysterious meeting is about to begin. Those familiar with market rules know that Fed closed-door meetings are rare, and when they do happen, they often signal major events, sending markets into a frenzy.

Looking back to March 15, 2020, when Trump made the absurd suggestion to "inject disinfectant to fight COVID," global markets plunged into chaos, triggering multiple trading halts. To stabilize the situation, the Fed hastily convened a closed-door meeting, slashing interest rates from 1.25% to 0% and rolling out a massive $700B stimulus package. Back then, the Fed and the government were in sync—but now, the situation is entirely different. Recent setbacks for the Fed have cast a cloud of suspense over this meeting.

So, what’s really going on this time? No one knows. It could be a major move—like adjusting rate-cut timelines, financial risk control, or even emergency intervention. Or maybe some will say not to overreact—it’s just a routine discussion. Wake up in the morning, and you’ll see multiple "closed" signs, all in the wrong places. After the meeting, things might shift from "Max" to "Pro" in an instant—who wouldn’t be on edge?

The key question: Will Powell back down? If he does this time, he’ll have to keep doing so. My guess is that the Fed wants to calm the markets but won’t unleash drastic measures outright—otherwise, it’ll lose credibility. Can it really hold back?

As soon as the news broke, bond and stock markets were already on high alert, nerves stretched taut. But the market isn’t playing along—money is still pouring into bonds. Keep an eye on major influencers today, or it might be time to think about the bigger picture.

Where’s the Bottom-Fishing Opportunity? Remember These Three Points!

1. Stick with Major Coins
   Bitcoin’s current price is at a relatively safe level. If you’re planning to position yourself, consider gradually accumulating major coins. Remember: Don’t go all-in—dollar-cost averaging is king! The market won’t collapse from a single drop; instead, this could be a gradual bottoming-out process.

   Right now, keep an eye on major altcoins (like SOL, PEPE, ONDO) and build positions in batches—never bet the farm at once.

2. Be Cautious with Altcoins—Wait for Bitcoin to Stabilize
   Altcoins typically follow a pattern of sharp rebounds first, then deep corrections—some projects might even go to zero. So, if you’re eyeing altcoins, wait for Bitcoin’s price to stabilize before jumping in. Avoid chasing pumps or panic-selling.

3. Most Panic Sellers Have Already Exited
   The current market is unsettling, but look at it this way: most of those who sold in desperation have already left. What comes next could be a real test for the market—and often, that’s when the best opportunities emerge.