Posts about $ 111k As merchants prepare for data week



Bitcoin It was around $ 111,500 on Monday, maintaining a narrow range as merchants weigh macro catalysts to obtain signals about positioning.

Ether (Eth) quoted about $ 4,312, XRP He maintained $ 2.96, BNB (BNB) at $ 880, and the Sol de Solana (SUN) rose to $ 218. Dogecoin He extended his weekly gain of 11.6% to 24 cents, surpassing most of the main cryptocurrencies, since the first ETF of Memecoin seems to go to work in the US. UU. On Thursday.

The market tone remained tentative. “Cryptographic prices continued the water much of last week, but with BTC falling significantly both in front of their peer group and the shares and spot gold,” said Augustine Fan, head of ideas in Signalpplus, in a note for Conde, pointing out the purchase of digital trust and an appearance in the ramp activity in centralized exhibitions.

“The short -term image seems a bit more challenging and we would prefer a more defensive position consisting of the hard seasonal history. Be attentive to the compression of the rewards and the risk of negative convexity in the inconvenience,” said Fan, referring to the many digital assets treasures in the hands of the US companies that have arisen in recent months.

Macro could break the stagnation. “The markets are entering a decisive week as US data converge. And the decisions of the Central Bank,” said Lukman Otunuga, Senior Market Analyst of FXTM, in an email.

He added a fresher CPI and any downward review to payroll would strengthen the case of fed cuts, weaken the dollar and could raise alternative assets, while a sticky impression would argue for patience and increase volatility through Cryptothat Push and Tull is reflected in the positioning.

“Investors are trapped between becoming bearish and risking the rise, or buying the sauce too early,” said Justin D’Anethan, founder of Poly Max Investment. He pointed out the talk about the possible inclusion of S&P 500 strategy vanished, abolishing the corporate treasure meme, but public companies now have about 1 million BTC.

“In the general panorama, BTC that consolidates around 111k is a good place for long -term believers. The setbacks from 10% to 15% within the bulls have not historically broken the trend,” said D’Anethan.

For merchants, the verification list is simple. Look at the CPI and the PPI for the policy route, the dollar for cross -risk appetite and the DAT cousin for any renewed sale of the knee in refunds.



Leave a Comment

Your email address will not be published. Required fields are marked *