Bitcoin and Ethereum prices are oscillating narrowly in the ranges of $74,000 and $3,700 respectively, with market sentiment remaining cautious due to the impact of the Federal Reserve's interest rate decision and geopolitical risks. 📈 The cryptocurrency market today presents a fluctuating and adjustment trend. Bitcoin (BTC), after touching the $74,000 high, faces profit-taking pressure from whales and some short positions opening, with funding rates turning negative, indicating a slight cooling of short-term bullish sentiment. Ethereum (ETH) is also affected accordingly, with the network-wide funding rate similarly declining. On the macro level, the Federal Reserve's interest rate decision tonight and its subsequent press conference, as well as the geopolitical tensions between Israel and Iran, have become key variables affecting market sentiment. 📈 Regarding exchange dynamics, Binance has delisted some tokens, while Gate and Bitget have launched new coins and held celebration events, indicating that market trading activity remains active. On-chain data shows that tokens such as FORTH, VANRY, Lobstar, and Freedom of Money have experienced short-term fluctuations, and capital flows on the Solana chain have also attracted attention. Meanwhile, police have cracked down on cryptocurrency lending fraud cases, reminding investors to stay vigilant against risks. Overall, the market, under the interplay of multiple factors, may maintain a range-bound oscillation pattern in the short term, awaiting clear policy guidance and risk mitigation. Currently, the cryptocurrency market is experiencing oscillating movements amid long-short positioning conflicts and macroeconomic uncertainties.