🌞Good morning, babies, today’s market update is here~
Right now $BTC is hovering around 63244. After dropping from the high of 66924, it has been grinding lower inside a descending channel. $ETH is doing something similar as well—around 1877. After topping at 1982, it has also come down. Overall, the short-term still has a need for a rebound, but the structure remains weak. Volume hasn’t caught up, so it’s prone to bouncing back and forth.
In the bigger picture, the market is currently stuck between the Fed’s decision on the 28th–29th and heightened geopolitical tensions in the Middle East. Oil price swings and inflation expectations directly affect risk appetite. If geopolitics eases a bit and the Fed’s stance isn’t so hawkish, the market can catch its breath and rebound; otherwise, it’ll keep coming under pressure. Institutional capital flows are in a tug-of-war—underneath, there’s gradual accumulation—but in the short run, macro and geopolitics still dominate.
Key levels: BTC: If it holds 63000–63200, look for a rebound toward 65000–66900. If it breaks down, it could accelerate the drop toward around 57700.
ETH: Hold 1880 for a rebound target of 1950–2000. If it breaks, look toward 1760–1510.
That’s about it. If the defense holds, there’s a chance. If it breaks, then it’s time to keep adjusting.
If you think this analysis makes sense, hit like and follow—there will be more practical insights coming next. If you want real-time price levels and ideas, come to ⭐ my home page chat room to exchange together~
Right now $BTC is hovering around 63244. After dropping from the high of 66924, it has been grinding lower inside a descending channel. $ETH is doing something similar as well—around 1877. After topping at 1982, it has also come down. Overall, the short-term still has a need for a rebound, but the structure remains weak. Volume hasn’t caught up, so it’s prone to bouncing back and forth.
In the bigger picture, the market is currently stuck between the Fed’s decision on the 28th–29th and heightened geopolitical tensions in the Middle East. Oil price swings and inflation expectations directly affect risk appetite. If geopolitics eases a bit and the Fed’s stance isn’t so hawkish, the market can catch its breath and rebound; otherwise, it’ll keep coming under pressure. Institutional capital flows are in a tug-of-war—underneath, there’s gradual accumulation—but in the short run, macro and geopolitics still dominate.
Key levels: BTC: If it holds 63000–63200, look for a rebound toward 65000–66900. If it breaks down, it could accelerate the drop toward around 57700.
ETH: Hold 1880 for a rebound target of 1950–2000. If it breaks, look toward 1760–1510.
That’s about it. If the defense holds, there’s a chance. If it breaks, then it’s time to keep adjusting.
If you think this analysis makes sense, hit like and follow—there will be more practical insights coming next. If you want real-time price levels and ideas, come to ⭐ my home page chat room to exchange together~
