Crypto market under pressure, Fed at the centre of attention – Steady Lads

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Cara begins by observing the market capitalization excluding stablecoins. According to his analysis, it is evolving in an important support zone, after a rebound which was not enough to confirm a recovery. He thus distinguishes two scenarios: the maintenance of this zone or a further deterioration of prices.

Bitcoin also presents a hesitant situation. The trader looks back on the abortive recovery of the previous week and explains why he preferred to keep a significant portion of liquidity.

In this context, the video gives a central place to the Fed meeting. For Cara, the speech on rates matters as much as the decision itself. He therefore highlights the risk of sudden movements and recalls the importance of sticking to your plan rather than reacting to each increase.

The second part concerns Ethereum, whose weakness Cara has been highlighting against Bitcoin for several weeks. It examines the areas that the asset must preserve and the conditions necessary for improvement. However, the possibilities of rebound mentioned remain scenarios, without confirmation at this stage of its analysis.

As for altcoins, the situation appears more mixed. Their relative performance against Bitcoin remains under pressure, despite some signs of resistance. Cara thus explains why these elements are not enough to conclude that there is a general recovery.

The common thread remains the same: distinguishing a graphic possibility from a confirmed movement. The video invites us to place each signal in its context and to avoid hasty decisions, particularly when an economic announcement can quickly change expectations.

With this market point, Steady Lads offers benchmarks for tracking Bitcoin, Ethereum and altcoins without reducing the analysis to a price prediction. Cara emphasizes observing market reactions and controlling risk exposure. It is in the storm that we recognize the real captains, and the weather is getting bad on the crypto market.

Pro trader Cara from Steady Lads, the premium branch of Journal du Coin, takes you behind the scenes of crypto trading: a real portfolio of $100,000, decisions explained and continuous support in a community to better understand each market phase.

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Machine-translated from French