2025-03-07 15:26:32

#BTCUSDT review

💸 Over the past 24 hours, BTC has been declining and reached a low of 84679.

🕯 The market capitalisation is 2.9 trillion, with a dominance index of 61.42%.
The Fear and Greed Index is 34 (Fear).

I still believe that a consolidation above 95000 is a strong bullish signal. Otherwise, we expect the decline to continue.

🌐 Trump is putting pressure on crypto again - at night, he signed a decree on a strategic crypto reserve. It's elegant: no purchases from the market, just a reserve from confiscated assets. In fact, it's more of a nice headline for the media than a real growth driver.

⚠️ Fed Chairman's speech - the market is waiting for signals on monetary policy. Any hints of policy tightening could lead to a decline in risky assets, including BTC. On the contrary, if the Fed gives softer comments, it could support the crypto market.

🔈 Trump's speech at the Crypto Summit - he is expected to support the crypto industry, which could be a local positive factor. However, if his rhetoric is more cautious, it will not have much impact on the market.

⚡️ We are waiting for the market to react before making decisions
#HotTopicDiscussion #UpdateNews

SUI3.94%

XRP1.62%

ETH0.38%

BTC0.83%

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