Crypto Market Snapshot for Traders (Shortened)
Key Levels & Trends (as of [Date]):
-BTC: Testing $62.5K. Hold $60K support; break above $63.5K signals bullish reversal.
ETH: Stuck near $3.4K. Watch for ETF news—$3.5K breakout could lift alts.
Alts: Memecoins & AI tokens volatile; DeFi lags.
Macro Drivers:
Rate cut hopes (cooling inflation) = bullish for risk assets.
Geopolitical risks may boost BTC’s “safe haven” demand.
Critical Charts:
BTC: Support $60K/$58.3K. Resistance $63.5K/$65K. Descending wedge (4H) hints reversal.
ETH: Support $3.2K. Resistance $3.5K. RSI neutral.
Today’s Tactics:
Trade BTC: Long if holds $61.5K, target $63.5K+ (stop-loss $60.8K).
Alts: Rotate into ETH-linked tokens if ETF speculation surges.
Manage Risk: Low leverage + strict stops (volatility remains high).
Catalysts Ahead:
Bullish: ETH ETF rumors, post-halving momentum.
Bearish: SEC lawsuits, macro surprises (hot CPI).
Big Picture: Sideways BTC = altcoin chances. Focus on institutional trends (RWAs, Layer-2s).