CRYPTO WARNING: They’re About To Do It Again… [Prepare]

Market Overview

The crypto market is experiencing a decline in volume, with most altcoins down. Bitcoin is holding around the $100,000 mark. The market is waiting for the Federal Reserve's decision on interest rates, which may impact the market's direction.

Key Levels to Watch

• $89,000: A significant support level for Bitcoin. If this level is lost, lower levels such as $77,000 may be reached.
• $105,000: A potential resistance level for Bitcoin. If this level is reached and closed above, it could indicate a higher low and potentially lead to further upside.

Altcoin Market

• Total2 (excluding top 10 coins) and Total3 (excluding top 3 coins) are forming cup and handle patterns, which are bullish formations.
• Others (excluding top 10 coins) is not looking as strong as Total3, but still has potential for a breakout.
• Ethereum is forming an inverse head and shoulders pattern, which could lead to a breakout above $5,000.

Trading Opportunities

• Dog with Hat (a meme coin) has bounced 18% from its lows and may be a potential trading opportunity.
• Goku and Brett are looking strong, with Goku closing multiple candles above its range high and Brett forming a falling wedge pattern.

Conclusion

The market is cautiously bullish, but there are cracks in the ice. The Fed's decision on interest rates will be a key factor in determining the market's direction. Traders should keep a close eye on key levels and potential trading opportunities.