Current Market Rates:
🪙 Bitcoin (BTC) — $79,500💲 Ethereum (ETH) — $2,420🤑 GRAM — $1.25
— Market sentiment drops: The Fear & Greed Index has fallen to 43 as Bitcoin struggles to hold the $80,000 level ahead of this week’s crucial Federal Reserve (FOMC) rate decision
— Whales moving coins: On-chain data shows nearly 8,000 BTC moved onto exchanges over the past week. Historically, this signals that larger players might be preparing to sell or de-risk their portfolios
— Leverage flush continues: The recent dip triggered over $117 million in fresh liquidations today, mostly wiping out long positions that were betting on a quick weekend recovery
The market is clearly de-risking ahead of the Fed meeting and upcoming inflation data. With whales moving BTC to exchanges, expect more volatility. Keep a close eye on the $77.6K – $78K support zone. Stay patient, manage your risk strictly, and don’t rush into new longs just yet.
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