$BTC
💹 Cryptocurrencies (Crypto)
In the digital space, despite some slight rebounds, the market remains under significant pressure: net capital in cryptocurrency investment products recorded a bleed of approximately $4.92 billion during November.
The total market value of cryptocurrencies is around $2.94 trillion, showing a slight decrease over the past 24 hours.
The price of Bitcoin moved in the range of $85,800 – $88,000, but it has not managed to break the main resistance around $90,000, which raises the possibility of an additional drop if it fails to jump.
The fear and greed index in the cryptocurrency market is at a "extreme fear" level.
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🧭 Points to pay attention to
Keep an eye on the US interest rate decision; the market senses that a cut may come, which has driven prices up.
The upcoming US economic data (retail sales, producer prices) may weaken or support the decision and the market's optimism.
In cryptocurrencies: the situation is good in terms of rebound, but liquidity is weak, and risks are increasing if Bitcoin drops below ~ $80,000.
Don't forget that a rise in stocks does not necessarily mean the end — there is a possibility of a correction if the interest rate cut is delayed or negative surprises arise.
