Trading Moment: Crypto Regulation Welcomes Major Positive News, Bitcoin May 'Dip First Then Rally' After Fed Meeting
Cryptocurrency markets are closely watching the Federal Reserve's FOMC meeting, with expectations nearly unanimous for interest rates to remain unchanged. Bitcoin is experiencing high volatility, trading between $74,000 and $76,000, with analysts divided on its short-term trajectory. Bearish voices warn of a potential drop to $68,000, citing macro liquidity concerns and a pattern of post-FOMC sell-offs. Bullish analysts, however, see a path to $80,000 or higher if key resistance levels are broken and ETF inflows continue.
In a major regulatory development, the SEC and CFTC issued new guidance classifying most digital assets, including Bitcoin, Ethereum, SOL, and XRP, as non-security digital commodities, providing clearer regulatory boundaries.
Key data shows Bitcoin and Ethereum ETFs saw net inflows of $199 million and $138 million respectively, while the market fear and greed index sits at 26 (Fear). Over $131 million was liquidated in 24 hours. Solana (SOL) is showing a bullish technical pattern, with analysts targeting $120-$145 if it holds support.
Upcoming events include the Fed's rate decision, Chairman Powell's press conference, and token unlocks for projects like Lombard (BARD).
marsbitВчера 08:58
