📈🚀 Today’s Market Update 🚀📉

The big day is finally here – CPI + FOMC Day 🫰

Let’s see how the market performs ahead of these key events. Expect both sides of liquidity to be tested.

💰 $BTC (Bitcoin):

A bounce before hitting $65-66K support.

Needs to reclaim $68K as support for a bullish trend.

Neutral for now – watching closely for confirmation.

🔥 $ETH (Ethereum):

Holding strong on HTF $3.5K support.

If support holds, upside is possible.

Ethereum ETF spot approval is highly likely this week!

🌟 Altcoin Index:

$616B-$636B is a key buy zone for Alts

Hold on and we could see $698B next.

$616 billion is the invalidation point for the bullish thesis.

📈 Diving into the data:

No major selling from both holders and watchlists - a good sign! 👍

OI is decreasing as prices fall, indicating seller exhaustion.

Funding rates have fallen further into negative territory - another bullish sign.

🕒 Event times:

CPI report: 12:30 PM UTC

👉 FOMC rate decision: 6:00 PM UTC

👉 FOMC press conference: 6:30 PM UTC

👉 We don’t expect today’s events to be negative, but ironically – US PPI is out tomorrow at 12:30 PM UTC.

🚫 Trading recommendations:

Avoid trading for now as liquidity will be tested on both sides.

Trend clarity is expected after 12:30 PM (UTC) tomorrow

I’ll get my charts and more stuff from tomorrow.

Stay tuned! 🫰#美联储利率决策即将公布 #非农就业人数高于预期