🔍 Bitcoin in focus: indecision and profit pressure
$BTC is trapped between US$ 114,000 and US$ 117,000 — forming a Doji candle, a sign of indecision.
The weakness in price may be linked to:
Profit-taking by old holders
Rise of the VIX, signaling tension in the air
Drop in volume, despite positive flows from ETFs
💥 Altcoins follow the same tone:
Ethereum (ETH) dropped from nearly US$ 4,800 to US$ 4,500 in 3 days
Even with ETH becoming more attractive with staking and interest rate cuts, investors are cautious.
XRP fell to US$ 3.00 after a strong rise
Lack of continuity after breaking a technical pattern.
Dogecoin (DOGE) plummeted to US$ 0.267 after whale sell-offs
One of the worst performances among major tokens.
⚠️ Is the VIX trying to tell us something?
The VIX usually rises when stocks fall, but this time it rose alongside the S&P 500. This unusual behavior may signal that:
🔸 The market is overbought
🔸 Traders are hedging with puts
🔸 A post-Fed correction may be forming
📈 Furthermore, the implied volatility of Bitcoin also rose 3% — and historically, peaks in the VIX have anticipated declines in BTC.
🧭 What to watch now:
🔹 Wednesday: Fed Decision
25 basis points cut is already priced in
A 50 basis points cut? It could leave the markets "euphoric" — or bewildered
🔹 Technical Correlates
BTC above US$ 116,000 is still positive
Below US$ 114,000, the scenario complicates for the bulls
🔹 VIX and BTC volatility
If both continue to rise together, a strong blow may come
🎯 Conclusion:
Despite the stock rally, crypto remains stuck, with profit-taking pressure and warning signs in volatility. The market is in wait mode for the Fed, and any surprise — up or down — could trigger a violent repricing.
🧠 Stay alert. Prepare your strategy. The market is calm… too calm.
$BTC #BTC #criptonews #Binance