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📈 Today's crypto market analysis


After the Federal Reserve (Fed) officially cut interest rates in December, it is forecasted that there will be a pause in rate cuts from now until early February next year. During this period, the general market trend is likely to turn negative. It can be observed that around the time the Fed cuts interest rates, the market often experiences a slight rebound before continuing to decline.
Currently, there is an important variable to note: if Japan actually raises interest rates, it will be a major shock to risk assets globally. When that happens, following the Fed's rate cut from December to January, the market is likely to face significant difficulties.
📊 Looking at the current chart:
• BTC: The weekly support remains around 74,000 USD, this area will be "tested" many times. The daily frame is in a sideways ( consolidation ), if I were a market maker, I wouldn't be eager to accumulate in the 80,000 – 90,000 USD range, as individual investor sentiment is not yet "desperate" enough to sell off.
• Short-term point:
→ BTC: Currently observing 80,000 USD, if broken, aim for 75,000 USD.
→ ETH: You can look to buy around 2,723 USD, but there is also a possibility of it dropping to 2,688 USD, so this is just a short-term opportunity.
If you want to catch the bottom, ETH may be more reliable around 2,620 USD, with a support area at 2,500 USD. However, if 2,500 USD is broken, the next target will be 2,112 USD.
BTC0.86%
ETH-0.99%
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NewbieVillageLittleWhitevip
· 4h ago
Trap, don't be fooled
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