The market is at a crucial inflection point, heavily influenced by external economic factors. Key technical levels, especially the \$100,000 mark for Bitcoin, will be critical in determining the short-term trajectory. Continued risk-off sentiment could lead to further downside, while any positive macroeconomic shift or fresh crypto-specific catalyst could spark a recovery. 🤨
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Looking Ahead
The market is at a crucial inflection point, heavily influenced by external economic factors. Key technical levels, especially the \$100,000 mark for Bitcoin, will be critical in determining the short-term trajectory. Continued risk-off sentiment could lead to further downside, while any positive macroeconomic shift or fresh crypto-specific catalyst could spark a recovery. 🤨