⚠️ CRITICAL ZONE: Crypto Market Analysis & BTC News Update ⚠️
The market is entering a high-volatility phase! Here is a b
🌍 Macro Economic Impact
* Jobless Claims Alert: Today is a massive day for Initial Jobless Claims. This data is expected to shift the entire phase of both the crypto and commodities markets.
* The Fed's Stance: Fed policy makers are discussing potential rate cuts before June, but for now, they are keeping interest rates unchanged. The "wait and watch" approach is keeping the market on edge.
* US Political Climate: Concerns regarding the recurring US Partial Shutdown and shifting geopolitics are influencing market sentiment.
* Commodities Rising: Silver (XAG) and Gold (XAU) have seen significant jumps due to political instability.
📉 Bitcoin (BTC) & Ethereum (ETH) Breakdown
* Bitcoin (BTC):
* Fell to a low of $65,850 following the Fed minutes.
* Attempted a recovery to $67,341 but faced immediate rejection.
* Warning: BTC is currently NOT in a safe zone. Even a move toward $70,000 might face heavy rejection.
* Ethereum (ETH):
* Hit a low of $1,923 after losing its $1,950 support.
* Resistance is strong at $1,986, and the path to $2,000 is currently blocked.
📊 Altcoin Watchlist
* BNB: Hit a low of $601. If it returns to this level, expect a further dip to $595.
* Solana (SOL): Holding a weak support at $80.50. Current trading is near $82.50.
* ZCash (ZEC): Experienced a massive $75 crash in a single session, breaking $270 support—now one to watch for a potential bounce.
* XRP: Consolidating near $0.41 with a target resistance of $0.44 - $0.45.
* Uniswap (UNI): Sitting at $3.40 with minor recovery potential toward $3.47.
💡 Final Strategy
The market is currently navigating a "Speed Breaker." Helpful tokens to keep on your radar for the next move include ZEC, ADA, DOGE, and UNI. Stay alert to the Jobless Claims timing for the next big volatility spike!
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