Crypto markets slump as latest US inflation data weighs on sentiment

2025-03-28 15:32

Bitcoin retraced modestly compared to altcoins as Friday’s U.S. PCE Index data reaffirmed growing inflation unease.The broader crypto market was harder hit by the news, with ETH, SOL, and XRP sliding over 6% in the past 24 hours.Inflation data may disincentivize the Federal Reserve from further rate cuts in May, but catalysts for a bounce still exist, according to experts.

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Today 2025-03-31

11:11

In the live broadcast of Star Academy: Short selling has been satisfying, and the market has fallen as scheduled. How to plan for bottom fishing next?

Click on the link to enter the live stream: https://meeting.tencent.com/p/6766256335 Hello everyone, I'm Tony the Elder. See you at 7 pm tonight! Bitcoin fell to a strong support level below the 4-hour upward channel as scheduled, and many live broadcasts, including Weibo recorded video sharing, were bearish. At that time, the price of Bitcoin was still around 88500, In the previous live broadcast, the entire network publicly stated that Bitcoin's rebound is weak and it is about to reverse. They have been saying for a long time that if the 4-hour channel pressure cannot be broken, it will continue to fall to around 82000. I don't know how many times they have said this. You have been making a lot of money in this wave. If this market does not fall to the bottom, there will be no rebound at all. Ethereum is even weaker and likes to invest heavily. Ethereum cannot withstand orders without stop loss. Today's market analysis: At present, there is a chance for Bitcoin to reverse at the 1-hour level. If 81000 is not broken below, it will continue to rebound to the 83000-85000 weekly level, which is prone to rebound and then continue to decline. If 81000 falls below this level, it will continue to decline to the previous low. From the daily chart level of Ethereum, it is currently trending towards a double bottom, with strong support around 1750 for the day. If there is no break, a low long strategy can be adopted, but stop loss must be taken into account. Breaking the level may lead to a direct drop to around 1500. Operation suggestion: Bitcoin 81900 near multiple stop loss 81000 target 83000-85000 Stop loss around Ethereum 1800, target 1750, 1845-1888 Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future. Assistant WeChat ID: ETH229922 QQ group number: eight hundred and ten million seven hundred and ninety-four thousand and ninety-five Meeting number: 676-625-6335 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.

11:11

ETH&SOL Opportunities: Main Fundraising Campaigns? This range is crucial!

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