Things are looking shaky right now for Bitcoin, mainly because trading volume is low and everyone is waiting for the Fed's decision on interest rates this Wednesday. There's a 99% chance they won’t cut rates, so that’s already expected. Because of that, we might see a drop in the market — maybe down to $91K or even $88K. Not exactly sure where, but a dip seems likely.
What’s more important is Powell’s speech about the economy — that’ll give us a better idea of what the Fed plans for the future. If the outlook is positive and they suggest easier policies ahead, markets could bounce back.
Also, don't forget the CPI (inflation) report coming out next Tuesday. So the next week could be pretty eventful.
Even though I’m leaning bullish overall, I think Bitcoin dominance (BTC.D) might rise to 67% first, which could lead to the market dip. Ethereum might fall to 0.016–0.017 BTC in that process — like one asset peaking while the other bottoms. Let’s see how it plays out.