📊 MARKET UPDATE — SELECTIVE BUYS
Bitcoin hovers around $77,530, barely down 0.16% as the market digests mixed risk sentiment. Ethereum is modestly higher at $2,247.13 (+0.19%), buoyed by steady DeFi activity and upcoming Shanghai‑era upgrades.
Among altcoins, LSK, AMP, GTC, WOO and STX posted the strongest gains, while HIGH, BMT, KMNO, TRX and AST offered the deepest dips. The breadth suggests capital rotating into perceived undervalued projects, but volume remains uneven, so caution is warranted.
In the next 12‑24 hours watch:
* BTC and ETH on‑chain metrics (hashrate, staking withdrawals).
* Global macro cues – US CPI, Fed minutes – that could shift risk appetite.
* Liquidity on major exchanges; any large‑scale inflows/outflows may amplify price moves.
* Developments around layer‑2 scaling and upcoming protocol upgrades that could spark short‑term rallies.
⚠️ NFA | DYOR
#IM_M7
Bitcoin hovers around $77,530, barely down 0.16% as the market digests mixed risk sentiment. Ethereum is modestly higher at $2,247.13 (+0.19%), buoyed by steady DeFi activity and upcoming Shanghai‑era upgrades.
Among altcoins, LSK, AMP, GTC, WOO and STX posted the strongest gains, while HIGH, BMT, KMNO, TRX and AST offered the deepest dips. The breadth suggests capital rotating into perceived undervalued projects, but volume remains uneven, so caution is warranted.
In the next 12‑24 hours watch:
* BTC and ETH on‑chain metrics (hashrate, staking withdrawals).
* Global macro cues – US CPI, Fed minutes – that could shift risk appetite.
* Liquidity on major exchanges; any large‑scale inflows/outflows may amplify price moves.
* Developments around layer‑2 scaling and upcoming protocol upgrades that could spark short‑term rallies.
⚠️ NFA | DYOR
#IM_M7