🚨Short-term analysis of $BTC and $ETH ⌛️‼️
🟡 Bitcoin Dominance Reacted from the Support of 60
Today at 15:30, Powell's statement will determine the direction of the markets.
🔻 If the decline deepens, according to past examples, this process lasts a maximum of 6-7 days.
🔺 In the alternative scenario, it is possible for the rise to start again. Therefore, there is no need to panic.
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🟣 There Are Critical Expectations on the ETH Side
ETH staking approvals are expected to arrive within the next 1-2 weeks.
💼 Institutional investors are accumulating ETH because:
📢 The SEC Chairman stated, "ETH is not a security."
This means that staking revenues can become legal and secure, just like rental income. Especially institutions are eagerly awaiting this development.
📊 However, technically ETH is currently quite high in terms of RSI.
Therefore, a few days of sideways movement may be healthier.
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📌 Note: This sharing is not investment advice. It is based solely on personal analysis and observations.