Markets work on 💡FUNDAMENTALS... and tone of FED. In latest FOMC Fed cut rates which were already priced in and Chair Powel signaled about further cuts in 2026 but that still depends upon data. For now we are only floating.
See S&P as well as NASDAQ (which BTC follows more) both are down 📈 from all time highs. Markets are topping out and investors are booking profits as we go towards Yearly Close.
🐋 Whales dont want their money to be stuck so they arr preparing to flush small fish out and position themselves better.
Tomorrow is US Inflation Numbers. An event that can send $BTC towards 76k if numbers come hot. It will set the tone for FED In upcoming FOMC and can have massive impact on ALTS. $ETH can test 2500 zone which will crush the alts. So for now its a wait n watch time.
Stay Alert. More to Come. For now staying away and cautious till we get the numbers.
Been trading for 5 years. Crypto & Forex. From Technial Analysis to Fundamental Analysis. One thing that was common in every trade I took: Fundamentals Play A Vital Role in Trading.
So I will share my fundamental POV and possible market sentiment hoping to get profit and help people get profitable.