#TradingPsychology
Analysis and forecast of the cryptocurrency market over the next two days requires looking at several key factors:
1. Quick Technical Analysis:
Bitcoin (BTC): If the price hovers around strong resistance areas (for example, $70,000), we may witness a slight correction before attempting a new breakout. However, if it breaks a significant support level (like $66,000), it could signal a short-term downward wave.
Ethereum (ETH): Moves in tandem with Bitcoin, but its performance is sometimes weaker during correction moments.
Technical Indicators (RSI, MACD): If they are in overbought territories, this indicates a potential temporary correction.
2. Short-term Influential Events:
U.S. Economic News: Such as inflation reports or unemployment data, may affect investors' appetite for risky assets.
Federal Reserve decisions or any signals regarding interest rates.
Whale movements and activity of large wallets.
3. General Outlook:
A neutral outlook leaning towards temporary decline: The market may experience volatility or short corrections over the next two days, especially if strong positive catalysts do not emerge.
Opportunities: If a decline occurs, it could be a good buying opportunity in the medium term if key supports are not broken.