Group 1: Market Overview - Recent market focus has been on geopolitical conflicts and the Federal Reserve's interest rate meeting, with investors speculating on potential escalation and the dot plot on Thursday [1] - If there are no tariff impacts, the Federal Reserve may consider a rate cut in June, indicating a possible dovish signal from Powell, but current inflation trends and high policy uncertainty suggest a "dovish talk, hawkish action" approach [1] Group 2: Legislative Developments - The U.S. Senate has passed the GENIUS Act, which is significant for the cryptocurrency industry as it allows stablecoins to be legally integrated on-chain, paving the way for industry growth pending presidential signature [2] Group 3: Cryptocurrency Market Insights - Overall on-chain activity has been relatively calm, but the AVAX chain has shown strong performance, with short-term trends in assets like lambo and fomo suggesting potential investment opportunities [3] - The centralized exchange (CEX) market has declined alongside the broader market, with altcoins underperforming, while the DeFi sector has shown relative resilience, indicating that leading projects may rebound significantly once the market stabilizes [3] Group 4: Bitcoin (BTC) Analysis - BTC has experienced significant price volatility, currently retracing to levels seen 13 days prior, with minor support at 103,500 and key support at 100,800; maintaining above 100,800 could allow for a wide trading range around 10,000 [4] Group 5: Ethereum (ETH) Analysis - ETH is currently at a profit-taking level around 2,500, with expectations of a fluctuating market; small long positions are suggested while monitoring for potential rebounds, with significant short positions noted around 2,570 [5][7] Group 6: Trading Strategies - Recommendations include shorting at high points and going long at low points, with a current trend indicating that short positions may be more profitable due to negative news or panic leading to rapid declines, while upward movements require strong positive news and substantial capital to absorb selling pressure [6][9] Group 7: Broader Market Signals - The SPX has shown strong upward movement but with weakening momentum, indicating potential bearish signals; short-term trading strategies may involve light long positions in line with BTC rebounds, while being cautious of resistance levels and support failures [12]