🔎 Market Analysis - 02/02/2025 🔎
📊 Market Overview
• $BTC is trading at approximately $97,400, with a range between $96,300 and $101,400 – a moderate volatility scenario that keeps us on our toes!
• $ETH is trading at around $2,858, and assets such as BNB, Cardano (ADA) and Solana (SOL) are also showing retracements. This overall decline reflects a cautious sentiment in the short term.
🔍 Influencing Factors
• Federal Reserve decisions and geopolitical events – such as tariff measures and instability in the traditional market – are directly impacting risk assets.
• The global environment, with stock and exchange rates in decline, reinforces the caution of investors, seeking support at key levels, such as US$ 96 thousand for Bitcoin.
📈 Outlook for the next few days
• Support: close to US$ 96 thousand;
• Ceiling: around US$ 101 thousand.
This volatile scenario can be an opportunity for traders who monitor every move.
💡 Conclusion
Despite the retraction climate, the fundamentals of the crypto market remain solid. Keep an eye on technical indicators and news that can change the game at any moment!
🔔 Recommendation of the Day: How about taking a closer look at Cardano (ADA)? She can surprise with a strategic comeback!