TODAY UPDATE ❗️❗️❗️
🔥 What's actually going on?
The most interesting thing is not only that the prices have increased.
The market took a few big negative shocks last week — the Fed raised rates and the CLARITY Act failed a procedural vote — but BTC still managed to bounce back above $80k.
It is a very important change in market behavior.
At the same time, global risk sentiment is better today: Asian shares are rising, American futures are positive, and oil has fallen. However, the bond market remains troubled as US yields are high, so the Fed remains a potential squeeze on risk assets.
⚠️ The most important thing
I would view the current market as a recovery that is trying to grow into a new impulse, and not as a new bull trend that has already been confirmed.
BTC is the key. If BTC holds $80k–81k, a lot more space opens up for altcoins. If BTC loses that zone again, I would expect SOL, XRP, and ETH to react much stronger percentage wise.
And another catalyst: Core PCE, the Fed's important inflation gauge, arrives on Friday, which can significantly change expectations about the Fed's next moves.
Stay tuned! 🤗
$BTC $ETH $SOL
#MarketRecovery #dailyupdates #bullish #CryptoStrong #binance
🔥 What's actually going on?
The most interesting thing is not only that the prices have increased.
The market took a few big negative shocks last week — the Fed raised rates and the CLARITY Act failed a procedural vote — but BTC still managed to bounce back above $80k.
It is a very important change in market behavior.
At the same time, global risk sentiment is better today: Asian shares are rising, American futures are positive, and oil has fallen. However, the bond market remains troubled as US yields are high, so the Fed remains a potential squeeze on risk assets.
⚠️ The most important thing
I would view the current market as a recovery that is trying to grow into a new impulse, and not as a new bull trend that has already been confirmed.
BTC is the key. If BTC holds $80k–81k, a lot more space opens up for altcoins. If BTC loses that zone again, I would expect SOL, XRP, and ETH to react much stronger percentage wise.
And another catalyst: Core PCE, the Fed's important inflation gauge, arrives on Friday, which can significantly change expectations about the Fed's next moves.
Stay tuned! 🤗
$BTC $ETH $SOL
#MarketRecovery #dailyupdates #bullish #CryptoStrong #binance
