There are hours left until Thursday and cryptocurrency investors are looking forward to both employment data and NVIDIA earnings report Because of this, he is hopeful about the coming hours. Although BTC has experienced the expected recovery after excessive selling in the short term, it is difficult to predict what this will evolve into. And of course, the anticipated Supreme Court decision regarding tariffs remains a cause for concern. So what does Alex expect? What are the predictions for XRP and SOL Coin?
Market Assessment by Alex Krüger
Alex Krüger, one of the popular economists, discussed the current situation after the last decline. The analyst, who says BTC is falling because it cannot offer enough resistance, implies the non-stop sales of long-term investors. Long-term investor sales, which accelerated until the end of October, especially after the historic liquidation of $19.6 billion on October 10, continued in the new month.
November started with discussions about the artificial intelligence bubble. And the fact that the government shutdown would trigger “the Fed’s second blind decision in December due to delayed and largely useless data” suggested that the best option was to reduce risks. So the decline is not a surprise, but it was tiring because it came with practice.
Alex said he closed his short positions at the bottom;
“Last night, as the 89k level was entered for the third time (second panel from bottom to top), spot selling finally turned into spot buying. Please note that this is a hindsight view and is of course subject to change. Especially given the dramatic weakness in equities. I would not use this for leveraged longs. I used this to cover short positions last night.”
So he predicted the return, but the economist, who is unsure of its potential to turn into a bigger jump, thinks it is necessary to avoid big risks. And I should also mention an important detail about today. Trump has announced that he is meeting with potential Fed chairmen and could be Powell’s replacement as we move towards the end of the year. Waller is one of the favorites and she’s a good name too. to cryptocurrencies looks positive. And of course he openly supports Trump’s idea of rapid interest rate cuts.
XRP and SOL Coin
New XRP, LEFT ETF launches, there is a lot of good news but it is sacrificed to the general market sentiment. While XRP Coin did relatively well, its continued lower lows were troubling. This seems to break down today and if BTC continues the jump to $98,000, we may see a peak between $2.4 and $2.5.
to XRP Coin According to SOL Coin, it is in a more difficult situation. The price fell harder and the daily bullish candle was correspondingly larger. SOL Coin can be expected to outperform on the bounce as it is the third altcoin attracting the most inflows through institutional investment products through 2025. Getting $155 back would make sense.
However, it should not be forgotten that what will determine the charts is the status of BTC.
