Just checking the charts this morning and Bitcoin's holding around $73.96K after a slight dip. The bear market signals are pretty loud right now if you look at the on-chain data - definitely some bearish pressure showing up in the metrics.



What's interesting is how traders are positioning ahead of the Fed decision. Everyone's basically betting they'll hold rates steady in April, which is kind of keeping things in limbo. You've got this tension between the bear market indicators and people still hopeful about what comes next.

The vibe feels cautious to me. On-chain activity is showing some concerning patterns, but there's also this underlying sense that if the Fed doesn't hike, we could see some relief. Not exactly a raging bull market, but not a total collapse either. Just a lot of waiting and watching right now. Curious what the next few days bring.
BTC1.08%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin