Monday BTC, ETH, Sol Analysis.
A new week begins, and this week the market is focused on Thursday’s interest rate cut, which is basically confirmed to be a 25-basis-point cut. However, more people are saying this will be a hawkish rate cut, with Powell being pressured and forced into it. Therefore, attention needs to be paid to Powell’s speech after the rate cut, as there’s no guarantee he won’t drop a bombshell.
Back to the charts, the long orders set up last Friday were advised to be held into this week. The rebound target of 90,000-91,800 was reached late last night, followed by a quick 3,0
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