Here’s your complete market update:
What Happened:
Bitcoin experienced a strong bounce from around $90K, driven by softer inflation numbers and decreasing yields.
What’s Coming This Week:
Fed Meeting (Wednesday): Interest rates likely remain unchanged. Clues about future policy will be crucial.
Big Tech Earnings: Amazon, Apple, Google, Microsoft earnings set to heavily influence market sentiment.
Levels We’re Watching:
BTC resistance at $94,000-$95,500.
BTC major support around $88,000.
SPX key resistance at 4,500; support at 4,340.
Cryptonary’s Take:
This rally may have more upside, but we’re carefully watching critical resistance points. Any signs of weakness could signal a market reversal.
Stay prepared,