๐จ Understanding Market Dynamics: The Fed Decision's Aftermath ๐จย
Market sentiment is currently driven by the Fed's decision to hold rates. While some anticipate a downturn, the focus is now on key technical levels for major coins.ย
Key Concepts to Explore
โ Support and Resistance Levels
$BTC holding the crucial $87,200 support is the key fight right now.
โ Market Indicators
RSI on the daily chart for $ETH is flashing oversold signals below $3,000.๐
Economic Factors๐๐ป
Gold hitting record highs above $5,600 is diverting institutional capital from crypto risk assets.ย Understanding these current levels is crucial for today's trading.
Are you defending support or preparing for a dip? Let me know in the comments! ๐๐ปย
$ BTC $ETH $BNB #FedDecision #MarketAnalysis #Investing #MarketSentiment