Bitcoin $116,206.13 price It was based on a target zone of $ 116,000 and ETH has exceeded $ 4,600 again. Doge was one of the stars of the day. The US markets have a little time to close and the Fed will announce the first interest rate cutting decision of the year on Wednesday. More importantly, a DOTPLOT graph, which includes 1-3 years of interest projections, will be released. You have a lot to know.
Dogecoin (Doge)
When entering the weekend Dogcoin $0.27618 It performs well. If the ETF flow comes strong after about 6 hours, we can spend a nice weekend. On Wednesday, only hours later, the Fed will announce the first interest rate reduction of the year. In addition, DOTPLOT will be published, so we will see the opinions of the members of the interest rate reduction rate.
Markets look at the total discount of 75BP this year as almost precisely. In addition, the fact that employment reports were much worse than expected, the increase in inflation at tolerable speed, and that the tariff concerns were largely irrelevant (for now?), The appetite endured.
Crypto currencies may rise more with the expectation that members will exhibit pigeon attitudes while going to the interest rate deduction decision. This means that Doge and others see greater peaks.
The analyst named Phoenix said that he imagined the price of over $ 1 by sharing the above graph.
“Yes, still a Dog I have a basket. For culture, for people, for everything. And Dogge looks great. To overcome a very important resistance and basically, after that, there is only this block and then it will be above $ 1. FLOKI, SHIB and so on. We will follow the same path, we will all be good. “
Ethereum (ETH)
ETHBTC Hopefully the return of the parity began. We talked about the importance of the 0.039-36 level, bulls protected it. Now there is a beautiful diary candle on 0.039btc again. This can turn into a solid ground for the rise that will continue to 0.044BTC, so the weekend receiver volume is so important. ETF flow can be serious morale if it comes to $ 500-700 million or more.
We mentioned that the break is approaching why 4,500 dollars were a significant resistance against USD.
Ether He managed to do this now to the range of $ 4,700-4,900. This will be the point to be gathered before AH. With the continuation of the rise in the ETHBTC parity, the King of Altcoin may start the price discovery and trigger the last quarter performance missed in subcoins.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.