Crypto Market Update
Altseason Index
Current Score: 22 (Bitcoin Season)
• The index has fallen below 25, confirming Bitcoin Season—BTC is outperforming altcoins.
• The last peak was above 75 (Altcoin Season), but momentum has now shifted in BTC’s favor.
Fear & Greed Index
Current Sentiment: Fear (26)
• Sentiment has slightly improved from yesterday’s Extreme Fear (20).
• Last week: Neutral (50)
• Last month: Extreme Greed (76)
• This reflects a rapid shift in market sentiment.
Upcoming Key Economic Data
• 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 stance → Market fear could increase.
• Higher unemployment or rate hike hints → BTC may face short-term downside.
• Weaker-than-expected data → Could signal Fed rate cuts, bullish for risk assets.
Trading Outlook
• BTC Strength: With Bitcoin Season confirmed, BTC dominance is rising.
• Altcoins Weak: If BTC rallies, altcoins may struggle until BTC stabilizes.
• Macro Uncertainty: Fear remains high, and upcoming economic data will influence short-term moves.
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