Crypto Market Update
Altseason Index
Current Score: 22 (Bitcoin Season)
โข The index has fallen below 25, confirming Bitcoin SeasonโBTC is outperforming altcoins.
โข The last peak was above 75 (Altcoin Season), but momentum has now shifted in BTCโs favor.
Fear & Greed Index
Current Sentiment: Fear (26)
โข Sentiment has slightly improved from yesterdayโs Extreme Fear (20).
โข Last week: Neutral (50)
โข Last month: Extreme Greed (76)
โข This reflects a rapid shift in market sentiment.
Upcoming Key Economic Data
โข ISM Manufacturing PMI (March 3) โ Forecast: 50.6 (Previous: 50.9)
โข ADP Non-Farm Employment (March 5) โ Forecast: 144K (Previous: 183K)
โข Unemployment Claims (March 6) โ Forecast: 236K (Previous: 242K)
โข Non-Farm Payrolls (March 7) โ Forecast: 156K (Previous: 143K)
โข Unemployment Rate (March 7) โ Forecast: 4.0% (Unchanged)
โข Fed Chair Powell Speech (March 7)
Market Impact
โข Weak employment data or hawkish Fed stance โ Market fear could increase.
โข Higher unemployment or rate hike hints โ BTC may face short-term downside.
โข Weaker-than-expected data โ Could signal Fed rate cuts, bullish for risk assets.
Trading Outlook
โข BTC Strength: With Bitcoin Season confirmed, BTC dominance is rising.
โข Altcoins Weak: If BTC rallies, altcoins may struggle until BTC stabilizes.
โข Macro Uncertainty: Fear remains high, and upcoming economic data will influence short-term moves.
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