#TRXETF
Market Outlook: BTC and ETH Show Signs of Strength Amid Macro Uncertainty
This week, Bitcoin has maintained a bullish posture, consolidating above the $70K level with strong support from institutional flows and positive ETF data. Meanwhile, Ethereum is inching toward the $4K mark, potentially fueled by optimism around the upcoming upgrade and renewed DeFi activity.
Key observations:
- **BTC**: Strong support at $68.5K, resistance around $72.3K. Volume is stable, and RSI indicates a possible breakout if momentum continues.
- **ETH**: Bullish structure forming. Watch for breakouts past $3.9K to confirm continuation.
- **Altcoins**: SOL and AVAX gaining traction again, possibly rotating capital from blue chips.
Macro factors such as rate cut expectations and weakening dollar strength are contributing to positive sentiment. However, caution is warranted as CPI and Fed minutes could introduce short-term volatility.
**My Position:**
Holding BTC and ETH, watching SOL and ARB for breakout opportunities.
What’s your take on this week’s setup?
#CryptoMarket
