Before the US CPI data is released, the market still has disagreements about the subsequent direction of interest rates. Bulls and bears continue to fight, so the overall market is still mainly characterized by consolidation and a wait-and-see approach. Until a true trend-break signal appears, there’s no need to make major adjustments to the short-term contract trading ideas for the moment—just stay patient and wait for the data to give a new direction.
During this period, many lesser-known altcoins have also followed the broader market lower and retraced. Short-term bullish sentiment in the market has cooled somewhat. However, for those who haven’t yet allocated to spot, I actually think the pullback may not be a bad thing—you can use the pullback opportunity to gradually pay attention to coins that have real value, are tied to strong narratives, and have relatively good liquidity.
Especially recently, ZEC’s performance has been quite impressive. Even during the broader market’s consolidation phase, it has continued to strengthen, repeatedly setting new highs. This also suggests that capital still remains interested in certain strong sectors/narratives.
Next, the focus is still on the CPI data and this month’s interest rate decision. If the news turns bearish and the broader market retraces further, then for spot investors, it may be a chance to keep an eye on high-quality altcoins with solid fundamentals and sector logic that haven’t yet shown enough in this current cycle.
Today’s market view: Mostly consolidation, with only modest rebound strength.
BTC: Watch the area around 77,000 below.
ETH: Watch the area around 2,400 below.
SOL: Recent price action has been relatively weak—watch the area around 98 below.
Before the data is released, the market is likely to swing back and forth easily. For spot trading, it’s still best to take a staged approach with patience while waiting for better positions. For contracts, intra-day short-term swings are sufficient.
$BTC $ETH $ZEC
#BTC #ETH #zec
During this period, many lesser-known altcoins have also followed the broader market lower and retraced. Short-term bullish sentiment in the market has cooled somewhat. However, for those who haven’t yet allocated to spot, I actually think the pullback may not be a bad thing—you can use the pullback opportunity to gradually pay attention to coins that have real value, are tied to strong narratives, and have relatively good liquidity.
Especially recently, ZEC’s performance has been quite impressive. Even during the broader market’s consolidation phase, it has continued to strengthen, repeatedly setting new highs. This also suggests that capital still remains interested in certain strong sectors/narratives.
Next, the focus is still on the CPI data and this month’s interest rate decision. If the news turns bearish and the broader market retraces further, then for spot investors, it may be a chance to keep an eye on high-quality altcoins with solid fundamentals and sector logic that haven’t yet shown enough in this current cycle.
Today’s market view: Mostly consolidation, with only modest rebound strength.
BTC: Watch the area around 77,000 below.
ETH: Watch the area around 2,400 below.
SOL: Recent price action has been relatively weak—watch the area around 98 below.
Before the data is released, the market is likely to swing back and forth easily. For spot trading, it’s still best to take a staged approach with patience while waiting for better positions. For contracts, intra-day short-term swings are sufficient.
$BTC $ETH $ZEC
#BTC #ETH #zec