Bitcoin & Ethereum Market Update



Key Insights:

1. Cautious Factors for Bitcoin:

Hawkish Fed Policy: May reduce Bitcoin ETF demand.

Global Liquidity Decline: USD liquidity drop pressures BTC.

Technical Warnings: Overbought signals and bearish patterns suggest a correction.

2. Key Support & Rebound Levels:

Support: 90,000–92,000 is a strong buying zone. Breaking below 90,000 could lead to sharp declines.

Rebound Target: BTC may bounce back to 98,000 before facing further resistance.

3. Market Drivers to Watch:

CPI Data Next Week: Could trigger a short-term BTC rally.

Fed Decisions: FOMC meeting may apply pressure.

US Economic Data: Strong labor market increases rate hike fears.

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Ethereum Outlook

Likely to follow BTC’s trend.

Key Levels:

Support: 1,800–2,000 USD

Resistance: 2,100–2,200 USD

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Conclusion

BTC is poised for a rebound from 90,000, but cautious trading is crucial with looming economic data and Fed policy decisions. Short-term opportunities lie in capitalizing on these support and resistance levels.

#ETH #BTC #ACT #TRUMP #XRP
BTC-1,32%
ETH-1,23%
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