$BTC $XRP $SOL
Altseason Index
Current Score: 22 (Bitcoin Season)
Explanation:
The index has dropped below 25, confirming Bitcoin Season.
This means BTC is outperforming altcoins.
Last peak was above 75 (Altcoin Season), but momentum has now shifted in BTC’s favor.
Fear & Greed Index
Current Sentiment: Fear (26)
Explanation:
Sentiment has improved slightly from yesterday’s Extreme Fear (20).
Last week: Neutral (50)
Last month: Extreme Greed (76)
This indicates a rapid shift in market sentiment.
Key Economic Data (Upcoming)
ISM Manufacturing PMI (March 3): Forecast: 50.6 (Previous: 50.9)
ADP Non-Farm Employment (March 5): Forecast: 144K (Previous: 183K)
Unemployment Claims (March 6): Forecast: 236K (Previous: 242K)
Non-Farm Payrolls (March 7): Forecast: 156K (Previous: 143K)
Unemployment Rate (March 7): Forecast: 4.0% (unchanged)
Fed Chair Powell Speech (March 7)
Market Impact:
Weak employment data or hawkish Fed comments → Market fear could increase.
If unemployment rises or Powell hints at rate hikes → BTC could see short-term downside.
If data is weaker than expected → Markets may price in Fed rate cuts, which would be bullish for risk assets.
Trading Outlook
BTC Strength: With Bitcoin Season confirmed, BTC dominance is likely increasing.
Altcoins Weak: If BTC rallies, altcoins may remain weak until BTC stabilizes.
Macro Uncertainty: Fear levels remain high, and upcoming economic data could influence short-term moves.
