Marcos saka

The main cause of the deepening of the crash is the combination of reduced expectations for interest rate cuts by the Federal Reserve and the massive outflow of institutional capital. The depth of #fed reducing the interest rate in December plummeted from 91% to 34%, changing the liquidity scenario that drove the #btc at the beginning of the year. Meanwhile, the #eth and spot bitcoin ETFs recorded a sequence of 5 days of net outflows, totaling R$ 2,2 billion, including a record redemption. Around 5 PM, bitcoin was trading at R$ 88,727.1, recording a devaluation of 4.87% on the day. Altcoins followed the downward movement even more sharply, with the #eth counting 2.883 and a drop of -7.72%, and the #xrp with a decline of -8.71%. The retreat of bitcoin, which accumulates a 19% loss in 30 days, shows that the correction is one of the fastest ever seen, reaching a low level of 30% since the peak of October.

SAKA's opinion on the fragile sentiment of #eth the structure is not broken, everything now depends on a zone in the region of $2,400 and a clean break below this zone.

the #eth is on its way to a trend change by the end of the year, and a clean break below $2,200 or historically looking for a strong reversal zone.

The next movement defines whether this is a healthy correction or the beginning of a deeper correction.


#eth #Alticoins #Ethereum

Será que a usual bate 1,70 essa semana.

Será que retorna ao 170 nessa semana.