PCE (another inflation measure) is starting to fall, setting the stage for the Fed to ease monetary policy. If this is the case, it would be good news for risk assets such as Bitcoin and Ethereum, according to Scott Galis.
JinseFinanceIn a month that is generally seen as bearish for Bitcoin, Bitcoin has reclaimed the $60,000 price level for the first time in 14 days.
JinseFinanceShort-term holder wallets that suffered losses could liquidate nearly $65,000 in assets, limiting any new gains in Bitcoin prices.
JinseFinanceSEC Chair likening Bitcoin to a roller coaster has sparked interest. Analysts suggest investors are tolerant of volatility but should also assess long-term strategies. BTC ETFs offer investment diversity, but overall investment goals should be considered.
Cheng YuanDogecoin could experience a significant surge of nearly 550% during the current market cycle. The analyst highlights its robust community support and collaborations with prominent figures like Elon Musk, but investors should tread cautiously amid market uncertainties.
SanyaBloFin’s Griffin Ardern said that options traders may purchase ETH in the spot/futures market to hedge short positions in call options, thus adding to the bullish momentum.
JinseFinanceBen Armstrong urges XRP holders to stay put, anticipating a significant value increase in the near future.
Xu LinA top crypto analyst shares predictions for Bitcoin and Ethereum, foreseeing potential trends and shifts.
KikyoAnalyst Seyffart's cautionary stance underscores the potential challenges of achieving a $100 billion inflow into Bitcoin, emphasizing the need for measured expectations in comparison to established markets like gold.
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