Analysts warned that a data-heavy macro calendar, weak risk appetite, and lingering technical pressures continue to raise volatility risks for crypto markets.
CME Group is set to report earnings on Wednesday, with analysts watching for signs of market volatility and institutional demand for crypto-linked derivatives.
Youtuber Crypto Jebb predicted that Bitcoin will break below $75K and be declared “dead,” as other analysts make similar arguments as capitulation before recovery.
An analyst says Bitcoin is deeply discounted relative to long-term models and liquidity trends, with historical patterns suggesting sharp mean reversion ahead.
The dollar falls to a four-month low as rate-cut expectations are fueled by declining inflation and slower growth, weakening yield support, and putting pressure on the currency.
Bitcoin remains under pressure as Rekt Capital warns its structure mirrors early-2022 weakness, while bulls point to whale flows and tightening supply.
On-chain indicators for Bitcoin suggest the cryptocurrency is resetting and not consolidating, similar to the capitulation points in both 2018 and 2022.
Garrett Jin advises against comparing Bitcoin's current cycle to 2022 because it had "too much liquidity during COVID," and inflation was rising due to the Ukraine war.
