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BTC & ETH at the Crossroads: Bull Trap or Breakout Ahead of FOMC

Analysis Breakdown: Bitcoin ( BITSTAMP:BTCUSD - 4H / 6H): Following an impulse completion, price has entered an extended corrective consolidation. After multiple failed attempts to hold short entries near the highs, the broader bias leaned bearish as price rejected upper resistance. Current structure tracks an A-B-C corrective sequence: Failure to establish acceptance above the local range keeps downside targets active toward $75,500 (Wave C), with deeper continuation levels down to $74,400. Recent aggressive sell-offs have erased weekend gains, placing BTC right back into key mid-range decision territory. Ethereum ( BITSTAMP:ETHUSD - 2H / 4H): ETH recently tapped above range highs near $2,500+ before leaving pronounced upper rejection wicks—raising significant bull trap concerns. Price is currently testing ascending channel/wedge support. A sustained breakdown below this trendline opens up retests toward $2,416 and the lower support block. Only a clean reclaim and acceptance above local resistance invalidates the downside play. [ Solana ( COINBASE:SOLUSD - 2H): Consolidating within a narrowing triangle structure around the $100–$101 level. Holding base support keeps short-term scalp upside alive toward triangle resistance, but a breakdown follows broader market weakness. Macro Catalysts: High volatility expected mid-week with upcoming US Retail Sales and the pivotal FOMC Rate Decision / Fed Press Conference. Watch for false breakouts and liquidity sweeps before committing to directional swings.

TITradingView Ideas15 Sept

BTCUSD: $80K Rejection — Key Levels Before the Fed Decision

BTCUSD is currently facing short-term pressure. The market is in a tug-of-war between a weakening short-term trend and the possibility of another rebound. The Federal Reserve's decisions and the vote on the U.S. Clarity Act are key macroeconomic catalysts. Rising US Treasury yields and a stronger dollar are currently limiting upward momentum, while the $76,000 to $77,000 range remains a key area of buying support. As long as BTC remains below $80,000, any rebound is likely to encounter selling pressure. If the market can clearly recover the $80,200 level, the bullish momentum will return, and it may once again challenge the $81,500–$82,200 range. On the downside, a drop below $76,000 would increase the likelihood of a deeper pullback to $73,000. BITSTAMP:BTCUSD BINANCE:BTCUSD OANDA:BTCUSD BITFINEX:BTCUSD

TITradingView Ideas15 Sept