ETH onchain data predicts a rally to $4,500, but a bearish RSI divergence warns of a correction in the short term.
A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price.
Traders anxiously await today’s FOMC results to see if a surprise Fed rate cut could ignite a Bitcoin rally toward $140,000.
Ethereum price is painting an ascending triangle pattern breakout with a price target of around $16,700.
Most of XRP’s recent losses occurred during the $175 million transfer period linked to the Ripple co-founder.
Bitcoin price remains rangebound ahead of the FOMC, as traders keep an eye on overhead resistance at $120,000 and several key support levels below.
XRP futures data shows neutral sentiment despite the altcoin’s double-digit price drop from $3.66.
Bitcoin eyes upside breakout to $122,000, but fading spot ETF flows, lack of volumes and seasonality could stall bullish momentum thereafter.
Surging ETH and BNB activity, alongside shifting USDT flows, are all signals that traders are pivoting into altcoins.
Traders are betting big on Bitcoin as calm markets and record-low volatility mask the bull’s intentions.