Where is Bitcoin headed? Tension in the market and new levels 📉
The crypto sentiment is becoming cautious as major assets seek support.
The market is experiencing a phase of consolidation after recent selling pressure. Bitcoin ($BTC) has fallen below $91,000, influenced by mixed flows in the ETFs and a macroeconomic environment of global uncertainty.
Meanwhile, Ethereum ($ETH) is trading close to $3,100, showing signs of indecision between buyers and sellers. This lack of volume suggests that institutional investors are waiting for clearer signals regarding inflation and upcoming monetary policies.
Although the current pullback raises doubts, such movements are often necessary to clear excess leverage in the derivatives market. The key now is to observe whether the current support levels manage to attract new institutional demand.
Do you consider this correction an accumulation opportunity or the beginning of a larger decline?