๐จ Weekly Crypto Alert: Is a Massive Market Shakeout Coming? ๐จ
The crypto market is entering a "Final Exam" week. With massive economic events on the horizon, high volatility is guaranteed. Here is everything you need to know to stay ahead:
๐ High-Impact Calendar:
Wednesday (FOMC Meeting): The most critical event! The Fed's interest rate decision will set the tone for February. Will we see a rate cut or a delay? Expect heavy swings.
Thursday (Jobless Claims): US employment data will test the market's strength.
Friday (Core PPI): Critical inflation data will be released. This often acts as a trend-breaker for Bitcoin and Altcoins.
๐ Critical Trading Levels:
Bitcoin ($BTC ): Currently facing 55% selling pressure. If BTC fails to hold $89,500, we could see a quick drop to the $87,900 support zone.
Ethereum ($ETH ): Bearish momentum is building. ETH needs to break above $2,968 to stay safe; otherwise, a slide toward $2,910 is likely.
Altcoin Watch: * Solana ($SOL ): Key support at $125.50.
BNB: Strong support range between $855 - $865.
๐ก Expert Strategy:
Due to global geo-politics and "De-dollarization," many investors are shifting toward metals. In crypto, Sunday's low volume can lead to "Short Squeezes." Always use a Stop-Loss to protect your capital during FOMC week!
What is your prediction? Will the Fed cut rates this Wednesday? Letโs discuss in the comments! ๐
#Bitcoinโ #Ethereum #CryptoAnalysis #BinanceSquareFamily #TradingStrategy #fomc