🚨 BTC Balances on the Edge ⚡ – Fed Winds Help, Trade Storms Hit
Markets are buzzing as US–China tensions intensify while traders bet the Federal Reserve will cut interest rates again in October, helping stabilize Bitcoin after another wild session.
💥 BTC Recap:
Bitcoin dipped to $109K before rebounding to $112.5K.
Ethereum trades above $4,100 (after hitting $3,890), while Solana hovers over $200, recovering from the weekend’s $173 low.
🏦 Fed Optimism Boosts Sentiment
Fed Chair Jerome Powell gave his clearest signal yet that another rate cut is coming, citing a weakening US labor market.
Markets now price in a 93% chance of a 50bps cut by year’s end — up from 79% just a week ago.
🔥 Aftermath of the $20B Crypto Liquidation
Despite the record liquidation, BTC fundamentals stay strong — with $4.78B ETF inflows this month alone.
This deleveraging could lay the groundwork for the next bullish wave — but patience is key.
🌪️ Trade Tensions Loom
Ongoing US–China friction clouds the outlook. Trump’s threat to suspend cooking oil trade and new cargo vessel tariffs keep markets cautious. Both sides are expected to meet later this month.
📊 Technical Watch:
Buyers must push through $115K resistance for a higher high — as long as trendline support holds.