📊 The crypto market is holding steady at $2.54 trillion, but don’t get too comfortable! 🤓
🗓️ Key events this week:
- Retail sales data (Tuesday) 🛍️
- Stock Market closed (Wednesday) 🎉
- S&P US Manufacturing/Services PMI data (Friday) 🏭
🔎 These reports could provide insights into the economy's direction. If disinflation and price pressures normalize, we might see expectations for rate cuts move up, which would be good news for altcoins. 💰
🏦 The Fed is projecting just one rate cut this year, so altseason might be a bit further off.
📉 Bitcoin is under $66K, and Ethereum is below $3.5K. There’s more red than green for altcoins, but that’s just part of the game. 🎲
👇 What’s your take on this? Let’s chat!