Fed rate hike expectations heat up, risk assets begin to come under pressure!
Inflation remains still elevated. The market has started to reprice rate-hike expectations, and both U.S. stocks & the crypto market are weakening in sync.
📌 Key support:
$BTC: 76,700 — Critical defense level for the bulls
$ETH: 2,355 — SM and PF are watching long positions, while whales are more bearish
⚠️ If BTC effectively breaks below 76,700 on the daily timeframe, this rebound could turn into a false breakout, and longs may get trapped.
Keep the ammo ready—don’t rush to bottom-fish. Wait for the real opportunity.
Inflation remains still elevated. The market has started to reprice rate-hike expectations, and both U.S. stocks & the crypto market are weakening in sync.
📌 Key support:
$BTC: 76,700 — Critical defense level for the bulls
$ETH: 2,355 — SM and PF are watching long positions, while whales are more bearish
⚠️ If BTC effectively breaks below 76,700 on the daily timeframe, this rebound could turn into a false breakout, and longs may get trapped.
Keep the ammo ready—don’t rush to bottom-fish. Wait for the real opportunity.