Thursday Market Recap: Is the market “stuck” and will retail investors just wait, or take a risk?
Yesterday’s market was still weak:
$BTC and
$ETH pulled back, the Federal Reserve kept interest rates unchanged, and the US dollar strengthened. But after the bearish news was absorbed, there was no panic sell-off—BTC quickly recovered, and the pressure has already been released.
BTC: Resistance at 65,000-65,500; strong resistance at 66,800. Support at 63,800-64,000. Defending 63,000 needs to wait for a firm hold above 65,500—only then is there a chance upward.
If 63,800 breaks down, expect a