I wrote about the head-shoulder formation at $LUNC days ago. It has not yet broken the pivot level 10134, but the outlook does not look good at all. 10134 is a big level, it can pave the way for new declines.

$BTC rose above the 100000 level today but could not hold on to it at the moment, if #Bitcoin closes below the 99950 level today, a clear sell signal will come. The target will be 87000

$ETH Ethereum could not pass the critical level of 4097, if the daily bar breaks below 3200, the double top formation may start to work and deep declines may follow. It must break the level of 4097 to reverse the negative outlook.

$BTC Bitcoin is once again trying to hold on to trend support, as if they don't want to drop below 99950 before Christmas, also US companies may have postponed sales to January 2025 to postpone the securities tax that will arise from crypto sales by 1 year.#Fed was very hawkish and this will definitely fall in real terms

$BTC Bitcoin fell to the level of 99605, we should watch if it will remain below the pivot point of 99950, there will be reactions up to 100000, if the bears resist the reactions, a trend break will occur.

It is the first product that allows people in the US to add Binance Coin $BNB to their IRAs/Roth IRAs (a type of tax-free and taxable retirement fund). The Osprey BNB Chain Trust, which trades with the ticker $OBNB, has just been launched.

As I mentioned during the day, we cannot say that the decline has started before the 99950 support in $BTC Bitcoin is broken. 99950 means the uptrend is broken and may accelerate the declines, it is still holding on to the uptrend at the moment, we need to watch the Asian session carefully.

#Fed Chairman Jerome Powell said the central bank cannot and does not intend to hold $BTC bitcoins, emphasizing that any legal changes that would enable such ownership would fall under the jurisdiction of Congress. His comments came amid discussions of a possible Strategic Bitcoin Reserve under President-elect Trump, which has caused a drop in bitcoin’s price after recent rallies. The Fed continues to focus on traditional monetary policy tools and does not foresee involvement in cryptocurrency reserves.

In $LUNC , I drew attention to the head and shoulders formation around 13100, it has not yet broken the pivot level of 10134, so we cannot say that the formation is working at the moment. It is approaching critical figures.

FED EXPECTS FEWER RATE CUTTING IN 2025
#Fed ’s latest dot plot projects fewer rate cuts than central bankers had previously expected in September. Fed officials now expect the federal funds rate to finish 2025 at 3.9%, two quarter-points less than the 3.4% rate cut expected in September. Fed officials have also become increasingly concerned that inflation will remain stubborn next year. The median official expects 12-month PCE inflation and core PCE inflation to both finish 2025 at 2.5%, up from September’s estimates of 2.1% and 2.2%. The Fed also expects unemployment next year to be slightly lower than its previous guidance: 4.3%, compared with 4.4% three months ago.
$BTC

FED STATEMENT CHANGE QUESTIONS PACE OF FURTHER RATE CUTTING

A change to the policy statement from the last outlook in November #Fed raises questions about the timing of future interest rate cuts by the central bank. The new statement reads: "In considering the scope and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully consider incoming data, the evolving outlook, and the balance of risks." This updates previous language that only mentioned "considering additional adjustments to the target range," citing uncertainty about whether the central bank will hold another rate at its January meeting or take a break.

#Fed cut interest rates by 25 basis points as expected.
Cleveland Fed President Beth Hammack dissented.
Officials expect 2 cuts in 2025. (Fed members average)

What Can We Expect for Crypto Markets in the Trump Era? Undoubtedly, Donald Trump's support for crypto markets is very important, $BTC The main reason for the rally in Bitcoin from 68,000 to 108,000 was Trump, as we all know. Crypto markets are openly supported by the president of the world's most powerful state, although some states with small economies have supported them so far, the support of the USA is a very different situation. However, we do not know what the limits and line of this support will be. We cannot predict whether only Trump can positively affect crypto markets. What is important for crypto markets is the adoption of institutional investors, it is known that especially US banks are generally hesitant on this issue. Although Goldman Sachs is trying to be a pioneer in terms of regulation and investment, other banking institutions are still distant. It should be followed what kind of steps President Trump will take when he comes, the enthusiasm of only verbal guidance will be limited to a certain point, the market will focus on the feasibility of actions after a while. What kind of incentives Trump will apply to companies to invest in the crypto market will be the crux of the matter. Markets will therefore want to see promises turn into actions. If promises and support are implemented, Bitcoin could reach levels we cannot imagine.

If we summarize the solutions that need to be implemented for the increase in prices in $LUNC  as main headings:

- #Terra  should first be institutionalized,
- Voting bureaucracies should end,
- Token inflation should be reduced,
- Validators should focus on the network and work,
- Collaborations should be made with different projects,
- When the roadmap is published, it should be followed (Promises should be kept),
- Investor tours should be taken

$ETH The 4097 level appears to be the critical point. If the daily close above 4097 does not occur, a double top formation is formed and prices turn negative. A bull signal comes in the daily close above 4097. Critical days.

I drew attention to the Shoulder - Head - Shoulder Formation at $LUNC . For the formation to work, the 10134 neckline level must be broken. For the formation to be canceled, a daily close above the 14250 level must come.

In general, the Luna Classic looks weak, many like #altcoin

$BTC Bitcoin has started to decline slightly from the top of the trend upper line, and it maintains the momentum in the uptrend. There is a #Fed interest rate decision today and it will probably continue in the direction according to the decision to be taken. In order for the uptrend to end, it needs to make a daily close below 99950. If it remains above 99950, it will continue to rise. Pivot level 99950

$NEIRO is at an important support point, in its previous movements, upward reactions came when the trend support line was tested. It is necessary to keep track of whether there will be an upward reaction in this attempt.