Crypto market 'in fear' - Does that mean more pain or is the bottom in?
$BTC at $113K — Next Target $120K if Fear Turns to Greed
The crypto market dipped into “fear” before the FOMC minutes, but BTC and ETH may have already bottomed. Powell’s Jackson Hole speech will be the key driver.
BTC: Rebounded from $112.3K, eyeing $120K
ETH: Bounced off $4K, +6% recovery
Options Market: Premium on calls suggests bullish bias
Macro: Pullback from $124K tied to profit-taking and weaker ETF demand.