Market’s doing that thing where it looks okay on the surface but feels a bit stuck underneath. BTC sitting at $64,190, barely moved. RSI is neutral around 49, MACD is bullish but the price action is just consolidating between $63,700 and $64,500. Not much to get excited about. Over in traditional markets, S&P 500 is feeling the weight of rate uncertainty. Fed likely to hold in September if oil and inflation stay cool — that’s the talk. Gold edged up to $4,055, still holding its own. Dollar index steady but nothing screaming. News wise — Japan cutting sales tax temporarily to help with energy costs, which is a bit of a drag on growth outlook. Fed’s Warsh stepping back from forward guidance, which could add some volatility. Crypto news is mostly neutral — Binance.US applying for a CFTC license, some ETF outflows, long-term holders still supporting BTC at $64k. My view? Not much edge here. I’m staying on the sidelines. No strong signal to buy or sell. Just watching. What’s your gut telling you — wait or something catching your eye? *Not financial advice — just my thoughts.*
#Trading #Binance #Bitcoin #Ethereum #Crypto
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Disclaimer: My personal analysis, not financial advice. DYOR.
#Trading #Binance #Bitcoin #Ethereum #Crypto
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Disclaimer: My personal analysis, not financial advice. DYOR.