Cryptocurrency Market Review:

* Bitcoin has reached the projected resistance level around $64,000. The nearest support and resistance levels are $61,500-$61,300 and $64,800-$65,000 respectively.
* Altcoins are showing signs of undervaluation, especially Ethereum, which is trading at multi-year lows against Bitcoin. A strong move above $65,000 in Bitcoin could be a catalyst for altcoins to rally.
* The cryptocurrency market capitalization has exceeded $2.16 trillion, and Bitcoin's dominance is over 58%.

Stock Market Review:

Stock indices hit fresh highs yesterday. The S&P 500 closed at 5713, up 1.7%, and the Nasdaq was up 2.56%.

On the one hand, it makes sense, given the Fed's position now. But strong growth combined with geopolitical tension, plus not very high confidence in the Fed (I talked about this yesterday), could trigger profit taking and some correction in the stock market.

Today there will also be an expiration of options on US stocks. One of the largest in history, at 5.1 trillion. This will clearly cause increased volatility in the stock market.

News:

* BingX Exchange Hack: Hackers stole around $26 million worth of cryptocurrencies, including stablecoins and wrapped Bitcoin.
* But history once again shows that CEX exchanges carry large non-market risks. And I don’t see any reason to use them for spot trading. Especially when there are solutions that allow you to work on DEX with comfort and limit orders.
Conclusion:

The market is showing high volatility. Bitcoin is at a key resistance level, and stock indices are at historical highs. Traders are advised to exercise caution and use stop losses.

Key factors that may impact the market in the near future:

* Stock market dynamics
* US Dollar Index Movement
* News about the geopolitical situation
* US stock options expiration results

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. It is recommended to consult a financial professional before making any investment decisions.