- Bitcoin (BTC): BTC is trading around 90,480, down 1.1%
- Ethereum (ETH): ETH is near 3,122, slightly down ~ 0.3%. Although the drop is modest, the broader sell‑off among top coins is weighing on sentiment.
- Altcoins & Overall Market: Most top‑10 altcoins are also seeing losses. The total crypto market cap dipped by ~ 1.2% in the last 24 hours.
🔎 Themes & Drivers
-bMacro Outlook: Markets are tightly focused on the upcoming rate announcement by the Federal Reserve, which adds uncertainty.
- Sentiment & Risk: With many long positions liquidated and BTC hovering around key support levels, traders are cautious — risk‑off mood prevails until fresh catalysts emerge.
- Institutional & Long‑Term Watch: Despite short‑term weakness, some institutions continue accumulating. Long‑term holders and “smart money” may view current prices as a buying opportunity.
- Bottom line: The market is under pressure — BTC and ETH remain the blue‑chip anchors, but overall sentiment is fragile. Until clarity emerges from macroeconomic events or fresh bullish catalysts, expect volatility to stay elevated.
