The cryptocurrency market is in a consolidation phase, with a sentiment ranging from weak to neutral for the coming days. Bitcoin (BTC) is holding around $105,000, with crucial support at $100,000. BTC's ability to maintain this level is vital, as ETF outflows and a negative volume balance suggest caution.
Ethereum (ETH) shows weak sentiment, trading near $2,500, with resistance at $2,600. Binance Coin (BNB) is experiencing a minor correction around $650, despite BNB Smart Chain outperforming Ethereum in DEX volume, indicating that macroeconomic factors are dominating over individual fundamentals in the short term.
The Federal Reserve's decision on June 19, which is likely to keep rates steady, and the upcoming token unlocks such as ARB and ENA, could increase volatility in altcoins. In the long term, favorable regulations in the U.S. (e.g., GENIUS Act, clarity on staking, access to 401k) and growing institutional interest provide solid support. Caution and monitoring of key levels are recommended.
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