Today, the crypto market shows interesting movements ahead of the Federal Open Market Committee (FOMC) meeting results announcement scheduled for this week. Global investors are awaiting signals from the Fed regarding interest rate policies that may affect market liquidity.
🔍 Current Prices of Major Crypto Assets:
Bitcoin (BTC): $105,722, down about 0.9% in the last 24 hours.
Ethereum (ETH): $2,549.72, down about 2.1%.
Solana (SOL): $150.80, down about 3.0%.
Arbitrum (ARB): $0.3115, down about 7.1%.cryptopredictions.com+1binance.com+1
📌 Brief Analysis:
Bitcoin (BTC): BTC shows consolidation around $105,000, with relatively low volatility ahead of the FOMC.
Ethereum (ETH): ETH is experiencing selling pressure, with prices approaching a major support level at $2,500.
Solana (SOL): SOL faces strong resistance around $160, but still shows long-term bullish potential.
Arbitrum (ARB): ARB has experienced a significant decline, but remains above an important support level at $0.30.
💡 Tips for Traders:
Monitor FOMC: The Fed's decisions can significantly affect market sentiment.
Pay Attention to Support and Resistance Levels: Identify key levels to determine optimal entry and exit points.
Use Stop-Loss: To manage risk, especially in volatile market conditions.