✅02/05/2025 CRYPTO MARKET ANALYSIS✅
📌Bitcoin – Indecisive Market Conditions Persist
•Traditional markets also lack direction, with policy shifts under the Trump administration adding uncertainty. This environment of risk aversion continues to impact overall market sentiment.
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✅Key Levels to Watch:
➡️Resistance:
• 100K-102K: First resistance zone, requiring a strong breakout.
• 108K: Upper range boundary, critical for trend continuation.
• 90K - Major range low, a breakdown could lead to further declines.
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✅Market Outlook & Strategy:
• No clear breakout structure has developed; market conditions remain uncertain.
• A confirmed daily close below 90K could trigger a deeper correction.
• A reclaim of 100K would improve bullish prospects, but confirmation is required.
•Avoid excessive leverage as volatility remains elevated.
✅Fundamental Factors to Monitor:
• Macroeconomic uncertainty: Volatility in traditional markets may influence crypto sentiment.
• Regulatory developments: Ongoing policy changes could impact risk appetite.
• Liquidity conditions: Market liquidity shifts could drive stronger movements.
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