Bitcoin remains stuck in a tight range, but pressure is building—and altcoins are gearing up for their next big play. As the Federal Reserve’s interest rate decision looms, the market may be preparing for a volatile breakout across the board.
Bitcoin (BTC)
$BTCUSD continues to hover near $120,000 resistance, showing strong buyer demand. Despite seasonal headwinds (BTC’s August return averages just +2.56%), institutions aren’t slowing down.
Strategy added 21,021 BTC at $117,256, bringing its total holdings to 628,791 BTC.
Watch: A breakout above $120K could trigger a surge to $125K–$128K. Key support: $115,000.
Ethereum (ETH)
$ETHUSD is range-bound around $6,300. Strength in staking and L2 activity is helping ETH hold up.
📊 A breakout above $6,500 could open the path to $7,200.
Support: $6,050.
XRP (XRP)
$XRPUSD is consolidating below $0.90 as traders await clarity.
A close above $0.92 could send it toward $1.00.
Support: $0.84.
Binance Coin (BNB)
$BNBUSD is battling resistance at $600. Binance ecosystem growth remains a tailwind.
Breakout Target: $640 | Support: $570.
Solana (SOL)
$SOLUSD shows strength above $155, fueled by optimism around Firedancer upgrade.
Breakout above $165 may target $180.
Support: $145.
Dogecoin (DOGE)
$DOGEUSD trades between $0.20–$0.23.
🐋 Whale activity and social sentiment could ignite the next move.
Above $0.24 = bullish | Below $0.19 = risk-off.
Cardano (ADA)
$ADAUSD is stuck in a $0.45–$0.52 channel.
👀 Watch for Hydra updates to revive bullish momentum.
Above $0.52 = $0.60 possible.
Hype (HYPE)
$HYPEUSD trades near $0.065. Strong community buzz, but high-risk.
💡 Above $0.072 = potential spike.
Support: $0.058.
Stellar (XLM)
$XLMUSD eyes a reclaim of $0.14 amid growing payment use cases.
Bull target: $0.16 | Support: $0.13.
Sui (SUI)
$SUIUSD is bouncing above $0.90. Ecosystem growth is key.
Bullish confirmation: Close above $0.98–$1.00.
Support to watch: $0.85.
🏛️ Macro Watch: Fed in Focus
With the FOMC minutes and rate decision on deck, traders should brace for volatility. A dovish surprise could launch crypto out of consolidation—while hawkish commentary may pressure risk assets.
Until then, watch for breakouts and keep risk management tight.
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