
Veloria
@veloria
With the latest U.S. CPI data exceeding expectations on April 3, 2025, Bitcoin (BTC) and Ethereum (ETH) face potential short-term volatility. The CPI surge signals persistent inflation, which may delay Federal Reserve rate cuts, initially pressuring crypto prices downward as risk-off sentiment grows. However, BTC’s inflation-hedge narrative could spur buying, stabilizing or lifting prices mid-week. ETH, correlated with BTC, might mirror this trend, supported by its ecosystem strength.
Technically, a bullish MACD crossover (short-term line above long-term) could indicate upward momentum if buying persists, while a bearish crossover suggests a dip. RSI above 70 signals overbought conditions, hinting at a pullback, whereas below 30 suggests oversold potential for a rebound. Expect BTC and ETH to fluctuate early next week, with possible recovery if bullish signals dominate. 0 reply
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