The cryptocurrency market tries to detach from Wall Street that is still affected by the tariffs Donald Trump wants to impose on its commercial partners.
The cryptocurrencies East mixed Wednesday March 26with falls of up to 3.9% and advances of up to 7%. The descents are led by Avalanche (-4.1%) and Solana (-3.6%). Meanwhile, the rises belong to Sui (7.2%) and Shiba Inu (4.7%). The market leader, Bitcoin, sustains au $ S87,000 according to Binance, while Ethereum is about to break a key level, since it barely operates above the US $ 2,000.
Analysts argue that it is key to stay at these levels, in the midst of the volatility that Wall Street experiences before Trump’s comings and laps with tariffs.
Analysts warn that the BTC could fall below US $ 80,000
Bitcoin analysts are attentive to the weekly closure to measure Bitcoin’s price trajectory for this week, since traditional and cryptocurrency markets They lack direction in the middle of a mixture of World commercial war fears along with the decrease in inflation concerns.
According to Ryan Lee, Bitget Research chief analyst, Bitcoin’s price could suffer more falls next week to get A weekly closure above the psychological brand of US $ 85,000.
“The Bitcoin relief rebound after the FOMC meeting and the lowest IPC readings have analysts looking at a weekly closure above US $ 85,000, as a critic to resume the bullish impulse,” Lee said.
This expert added that “a closure above this level could avoid a fall to US $ 76,000 and give a sign of strength, while the $ 87,000 would provide an even clearer bullish confirmation. Macro factors such as stable types and inflation cooling support risk assets, but Sunday’s closure will be decisive.”
While Bitcoin can experience a short -term setback, The relief rebound after the meeting of the Federal Open Markets Committee (FOMC) was a positive signal For market participants, according to Enmanuel Cardozo, market analyst of the real world asset tokenization platform (RWA) Brickken.
Instead of short -term fluctuations, investors should pay attention to the accumulation of Bitcoin holders: “long -term holders continue to accumulate, as we have seen in Ochain data, the accumulation by these holders, silently constructing from the fall is something we should pay attention to.”
Source: Ambito
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