🚨🚨🚨 BTC Urgent Update 🚨🚨🚨

1️⃣ Despite challenges reaching the 71,500 level due to the price disparity between Futures and Spot markets, BTC is holding strong at the 69,000 support level and hovering around 70,500, which is encouraging. The presence of ETH at these levels also contributes to a positive outlook. However, be wary of price fluctuations. One major concern is the rise in USDT dominance, which has increased from the 4.35-4.40 rebound zone to 4.44, and is expected to reach 4.50. This could negatively impact the market and BTC, potentially leading to a sharp correction after the FOMC news.📰

2️⃣ BTC remains stable around 69,300, which is promising. It's crucial that BTC does not drop below the 69,000 or 68,500 levels, with a maximum downside of 65,000-67,000. The 67,000 level is a key rebound zone, and a strong correction could occur from this point.✴

3️⃣ ETH is outperforming BTC, and despite BTC's significant drop, this doesn't necessarily indicate a negative market trend. ETH remains in favorable trading zones. A break below 3600 would be negative, but currently, ETH is holding above 3700, which is very positive. With liquidity remaining strong above 2.507, ETH is currently at 2.517, indicating potential for an imminent rise.🌅