Market's looking a bit shaky right now. Bitcoin at $63,798, down about 1.86% in the last 24 hours. It hit a low of $62,742 earlier before bouncing a little. Ethereum's also weak at $1,918, and Solana's taking a bigger hit at $74.20. The Fed meeting kicks off today, and that's probably why everyone's on edge. Dollar's easing a bit against major currencies, which is usually a positive for risk assets, but crypto's not catching the bid yet. Gold's sitting at $4,025 — that's a clear sign people are still hedging. Safety demand is real. On the technical side, RSI at 41.75 is near oversold, so we could see a reversal if the Fed news is favorable. But MACD and EMA are both bearish, so don't jump in yet. Volume is below average at 0.61x, but OBV is up, which suggests some accumulation happening quietly. Strong support around $63,711 — if that breaks, we could test lower levels. News-wise, the CLARITY Act odds are dropping, but Bitcoin's not crashing on it, so that's interesting. Kraken launched fixed rate rewards, and there's chatter about Ethereum L2 TVL hitting a two-year low. Not great for altcoin sentiment. Sector-wise, DeFi is up 1.52%, but everything else is red. Memes are getting crushed at -2.80%. COTI is the outlier with a 54% pump — probably some specific catalyst. My view? Wait for the Fed decision before making any moves.
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
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Disclaimer: My personal analysis, not financial advice. DYOR.
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
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Disclaimer: My personal analysis, not financial advice. DYOR.