ETH MARKET UPDATE ⚠🚨 $ETH 📍 Current Price: $2,009 📊 Resistance: $2,137 📉 Support: $1,960 - $1,850
As we mentioned in our previous post, ETH has broken its key resistance area and is now heading toward the $2,137 level. The area that previously acted as resistance is now turning into support.
Key levels to watch: ✅ Bullish case: If ETH holds above $1,950, we could see a push toward $2,137 and potentially higher. ❌ Bearish case: Losing $1,950 support could lead to a deeper pullback, with a possible drop to the $1,850 level.
🔥 Market catalyst: Today's US unemployment data release could bring volatility. A weaker-than-expected jobs report may support ETH's upward momentum, while stronger data could trigger a correction.
Stay cautious and manage risk wisely! 🚀 #ETHBreaks2k
As we mentioned in our previous post, BTC has broken its key resistance area and is now heading toward the $89,100 level. The area that previously acted as resistance is now turning into support.
Key levels to watch: ✅ Bullish case: If BTC holds above $85,000, we could see a push toward $89,100 and potentially higher. ❌ Bearish case: Losing $85,000 support could lead to a deeper pullback, with a possible drop to the $80,100 level.
🔥 Market catalyst: Today's US unemployment data release could bring volatility. A weaker-than-expected jobs report may support BTC's upward momentum, while stronger data could trigger a correction.
The Federal Reserve has decided to keep interest rates steady between 4.25% and 4.50%. However, officials have hinted at possible rate cuts by the end of 2025, with an expected reduction of around 0.50%. This could bring volatility to the market, so stay alert and trade wisely! 🚀📊 $BTC $ETH #FedWatch #BNBChainMeme
No significant changes in the market as ETH continues to consolidate between the $1,960 - $2,000 resistance and $1,840- $1,860 zone. A decisive breakout above this range could push the price higher, while rejection might lead to a drop. The market is moving step by step, so patience is important.
🔥 Market News: Traders are waiting for the Fed’s decision on interest rates. If there is any surprise change, it could bring more movement in the market. Stay cautious and manage risk wisely.
You can set stop losses based on your wallet funds, but you should not take on more than 3% - 4% risk of your total funds!
Note: 🚨 Futures trading is risky. Only use 10% of your funds for futures trading, while the remaining 90% should be used for spot trading to create a portfolio. If you are a new crypto trader, spend 2-3 months just learning, and then for at least 1 year, focus only on spot trading before starting futures trading!#FedWatch #USTariffs