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The encryption market slows down as expected to reduce the federal reserve rate in September

Bitcoin hovers near $ 103,700. There is an increased uncertainty in its work with high global tensions. Retail morale also weakens, which increases pressure on BTC. But the current decrease may be just a great stage, not the end of the bull cycle.

Feelings of retail strikes its lowest level in April

Crypto Analytics Santiment recently participated that retail morale has become sharply negative, as it scored its lowest point since early April. This is similar to the levels seen in April, before Bitcoin recovered. With the height of the homosexuals, panic can indicate a recovery.

Federal Reserve prices are also fixed, which kept BTC stuck between $ 100,000 and $ 110 kilograms. Data on the series show that whales accumulate while traders retreat.

Huge healthy stage?

The encryption market is currently in Slow correction stage. Altcoins has decreased since December, while Bitcoin remains stuck between $ 100,000 and 107,000 dollars. Ethereum is struggling to less than $ 3000, and the total trading volume decreases, which are clear signs that retail investors remain at the present time.

However, there were no major incidents or negative events. This is a typical cooling period in a greater higher direction, similar to what happened in 2017 and 2021. These stages often follow the main marches and can last a few months.

In the future, there is a positive Macro signal as well. The Federal Reserve may reduce prices in September, with an opportunity by 71.8 %, according to CME Fedwatch. This can enhance encryption markets, and even expect price discounts can raise morale and restore life to the origins of risk.

The course may extend to the year 2026

Rayol Pal, CEO of Real Vision, also believes that the current encryption market is closely like 2017, when Bitcoin rose steadily before it exploded in December. It indicates that the total conditions indicate that this course may be longer than expected, and may extend to Q2 2026.

Several long traders have been eliminated on Binance with a decrease in open interest. This “cleaning” happened immediately after the high prices that stop temporarily. With fewer traders now in risky situations and previous trends that show Bitcoin often rise after such events, Cryptoquant Analysts see this as a possible setting to bitcoin.

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