#AugustEffect #BTCBreaksATH #ETHRally
๐ Crypto Reacts to Geopolitical Shocks
Markets are already jittery with $BTC at 118,243.55 (-3.88%) and $ETH at 4,539.98 (-4.35%) ahead of the anticipated TrumpโPutin meet.
If the 10% chance of talks turns into non-negotiable standoff โ expect risk-off sentiment to deepen. Investors may flee to USD & gold, dragging crypto further down short-term.
Butโฆ if the meet shifts to convincing diplomacy ๐ค โ risk appetite could return, sparking a short squeeze rally in BTC & ETH as traders price in reduced geopolitical risk.
โก๏ธ Key Levels to Watch:
$BTC: 115k support / 122k resistance
$ETH: 4,450 support / 4,680 resistance
#Geopolitics #CryptoMarket

