📉 Bitcoin
Growth of +2.9% over the week, but the price is still below the 50-day MA → the downward trend continues.
The key level for a turnaround is a consolidation above $112K. Potential growth to ~$117.4K, otherwise a drop to $108K.
Only 60% of short-term holders are in profit, reflecting the weakness of the current momentum.
📈 Ethereum
A week without strong dynamics, but an important signal: the trading volume of ETH has exceeded BTC for the first time in 7 years.
ETH reserves on exchanges are at a 3-year low (17.3 million) → emphasis on accumulation.
At the same time, spot ETFs are recording an outflow of $341 million, which is slowing down growth.
Technically, the trend remains upward: EMA50 below the price, RSI > 50. Support $4,064, resistance $4,955.
🔗 Chainlink (LINK)
Correction -3.7% after the local maximum.
Large wallets accumulate the coin (segment growth 100k–1M LINK).
The average price of movements $15.1 — 33% below the market, creating strong support.
However, >90% of holders are in profit → the risk of correction remains.
📊 General background
Market volatility is low, investors are awaiting macro data.
The Fed's decision on September 17 to lower the rate by 25 bps (87% probability according to Polymarket) could be the main driver of growth.
Cheap loans = inflow of liquidity into the market = potential for strong impulse in BTC and altcoins 🚀
📌 Conclusion: the market is in a consolidation phase. A potential rate cut by the Fed could be a catalyst for a new growth cycle.
