Today's crypto market trading is relatively stable as the market gradually digests the short-term volatility caused by the Federal Reserve's interest rate decision. According to market data, Bitcoin is trading at $70,280, down 1.10% in 24 hours; Ethereum is at $2,141, down 1.98% in 24 hours, holding above the key psychological level of $2,100. The total crypto market capitalization stands at $2.41 trillion, with Ethereum's market dominance at approximately 10.73%.



Last week's (March 16-22) market forecast range shows that ETH's key support is at $1,980. If this level holds, it could advance toward the resistance zone at $2,200. On the technical side, the daily RSI indicator is around 56.73, in the neutral zone. Market sentiment remains fragile, with the Fear & Greed Index at only 14, in the "extreme fear" zone, which often aligns with mid-term bottom areas.

Key Points

Price Performance: ETH at $2,141, holding above $2,100, down 1.98% in 24 hours.
Macro Digestion: Market gradually adapting to Fed's hawkish signals, volatility narrowing.
Sentiment Indicator: Fear Index at 14, extreme fear, consistent with historical bottom characteristics. $ETH
ETH-1,74%
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