The market is highly reactive to news, with low liquidity causing sharp price movements. Big players, like "Prince," seem to be controlling the market, and indicators are unreliable right now. Bitcoin’s support is between 82,400 and 85,500, while Ethereum ranges between 1,860 and 1,960. The market feels bearish, and there’s hesitancy among traders. Short-term intraday trading seems safer as long-term positions carry more risk. Capital flows in at the start of the US stock market session but exits by the close. Caution is key until a major catalyst, like the Fed's decision, triggers a bigger move.
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The market is highly reactive to news, with low liquidity causing sharp price movements. Big players, like "Prince," seem to be controlling the market, and indicators are unreliable right now. Bitcoin’s support is between 82,400 and 85,500, while Ethereum ranges between 1,860 and 1,960. The market feels bearish, and there’s hesitancy among traders. Short-term intraday trading seems safer as long-term positions carry more risk. Capital flows in at the start of the US stock market session but exits by the close. Caution is key until a major catalyst, like the Fed's decision, triggers a bigger move.