🎯 Take-profits recorded: 14 🔴 Stops: 1 🏆 Best deal: AKE +126.6% 🔄 Open positions: 3
Another strong week for the channel: 14 take-profits versus 1 stop. 🔥 Some of the results have already been locked in; 3 positions remain in play—we continue to follow the plan.
Took a long position in the morning. One year under the contract and already +$1800 by $ACE . Maybe this is the new Mukhа, and you still haven't caught on 😂
BTC: Bitcoin after a local rise has moved into consolidation and is now trading near 64.3k. As long as the price holds above 64k, buyers maintain the advantage. To continue the upward move, it’s necessary to consolidate above 64.8–65k. If the support fails to hold, a pullback to 63.5–63.8k is possible.
ETH: Ethereum is trading around 1900$ after an impulsive rebound. The nearest resistance remains in the 1920–1980$ area. While the price is above 1880$, the chances of continuing the upward move remain.
📰 News: Today, a vote is expected regarding the CLARITY Act — one of the most important bills for the crypto industry in the United States. Regardless of the outcome, increased volatility is expected throughout the day, so it’s worth monitoring risks more closely and not rushing into ill-considered entries.
Overall: The market looks stronger than at the beginning of the week, but today fundamental news could quickly change the situation. We’ll stay disciplined and wait for confirmation of the move.
BTC: Bitcoin continues to trade under pressure after falling at the end of last week. The price dropped to 62.6k, where an important support zone is currently located. If buyers hold this level, a rebound toward 63.5–64k is possible. If there is a breakdown to the downside, the next target could be the 61.5–62k area.
ETH: Ethereum is trading near 1840$ and is also still under pressure from sellers. The nearest support is $1820. If it can be held, a recovery toward 1880–1900% is possible. For now, the structure remains weak.
📰 News: This week, the market’s attention will be focused on developments surrounding the CLARITY Act. Around August 7, important decisions regarding the bill may appear, although there is a high probability that the review will be postponed to a later date. Any positive news could support the crypto market, especially altcoins.
Overall: After a strong sell-off, the market is trying to find a local bottom. Without confirmation of a reversal, it’s better to stay cautious and trade only based on clear signals.
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BTC: Bitcoin continues to trade in a broad range of 63–65k. After a local bounce, buyers are trying to push the price back above 64.5–65k, but there is still no clear trend. A foothold above 65k will open the way to a test of 67.3k.
ETH: Ethereum is trading near 1920$ after a sharp rebound from 1870$. As long as the price holds above 1900$, the chances of a retest of the 1980$ area remain high.
📰 News: Today’s main event is the FOMC meeting. The market expects the Fed to keep the interest rate unchanged, but it’s Jerome Powell’s comments that may set the next direction. During the release of the decision and the press conference, very high volatility is expected.
Overall: Before the news comes out, it’s better not to rush into new trades and to manage risks. The main market move is most likely to show itself after the FOMC. #fomc #CryptoNews #BinanceSquare
BTC: Bitcoin is trading near 63.5k after a local correction from the 67k zone. As long as the price holds above 63k, the overall structure remains bullish. To bring buyers back, a breakout and close above 65k is needed.
ETH: Ethereum sharply rejected the 1980$ resistance and is now trading around 1875$. The nearest support is in the 1850–1870$ area. If it holds, a fresh attempt to move toward 1950–1980$ can be expected.
📰 News: Tomorrow, there will be an FOMC meeting. The market is almost fully pricing in that the Fed will keep interest rates unchanged, but the main focus will be on Jerome Powell’s comments regarding future monetary policy. During the announcement and the press conference, increased volatility is expected in both the crypto and stock markets.
Overall: The market is in a cooling-off phase after a strong rally. Before the FOMC decision is released, it’s better not to rush into new positions and to consider the possibility of sudden price moves.