News from CoinDesk and Bloomberg flag BTC’s break below its recent trading range and the risk of a retest of the $80,000 area or worse, with some technicians like Peter Brandt warning that a snapped parabolic arc could open downside toward $25,000, even as on-chain models cited by Bitcoin Magazine suggest fair value closer to $100,000.
Market waiting for a catalyst as traders eye dense macro calendar
Across the coverage, from CoinDesk’s Daybook to Investing.com’s morning brief, commentators describe a crypto market stuck in a choppy, range-bound consolidation. With U.S. nonfarm payrolls, CPI, PMI readings, Fed speeches and a potentially hawkish Bank of Japan decision ahead, most participants are staying sidelined, leaving prices vulnerable to sharp moves in either direction once fresh data hits.
BTC holds below $90K as macro uncertainty caps upside
BTC trades around $87.9K, fractionally lower, after repeatedly failing to break a descending trendline near $94K and slipping back under the psychologically important $90K level. FXStreet and Investing.com highlight cautious risk sentiment ahead of a heavy week of U.S. data and global central bank meetings, with some analysts (e.g., Peter Brandt) warning of downside risk toward $80K or even $25K if the broken parabola plays out.
Eth softens after rejection at 50-day EMA
ETH is near $3,050, down about 0.5% on the day, giving back part of last week’s modest bounce. FXStreet notes ETH was rejected at its 50-day EMA around $3,280 and now risks a deeper pullback toward $3,017 and potentially $2,749 if that support breaks, even as some venues still show it slightly positive intraday amid generally subdued altcoin flows.
Sol bucks the drift with a small gain but stays inside downtrend
SOL is slightly higher near $130–$132, up about 0.5%, outperforming most large caps today. Still, CoinDesk notes that Solana, along with other high‑beta altcoins, has been under pressure in recent weeks as year‑end profit‑taking in BTC and thin liquidity amplify moves, leaving SOL down on the week and still vulnerable if Bitcoin retests lower supports.
Derivatives and sentiment data show a fearful, range‑bound market
CoinDesk reports the Crypto Fear and Greed Index back in ‘extreme fear’ after prior liquidations wiped out overleveraged longs, and FXStreet/Coinglass data show rising open interest in selective names like Dogecoin as traders hunt for rebound plays. Overall, flows are light and ranges tight, with analysts repeatedly describing ‘a market waiting for a catalyst’ in the form of incoming U.S. data or central bank surprises.
Macro backdrop: Fed cuts done for now, BOJ/ECB/BoE in focus
Despite the Fed’s third rate cut of 2025 and a softer dollar, crypto has failed to mount a sustained relief rally, suggesting the bullish impulse from easier policy is fading. News from Investing.com, Yahoo Finance and FXStreet stress that this week’s U.S. jobs and inflation prints plus the Bank of Japan’s widely expected hike—historically associated with BTC drawdowns—are keeping traders defensive across digital assets.
Bitcoin stabilizes below $90K as macro risk-off mood persists
BTC trades near $89K–$90K, up about 1.5% intraday but still stuck in a tight range after a multi-week slide. Caution ahead of key U.S. jobs and inflation data and the Bank of Japan decision is curbing fresh risk-taking and keeping volatility muted.
Downside risks for BTC grow, with $80K retest back on traders’ radar
CoinDesk notes BTC has retreated from roughly $93K since Friday, with technicals pointing to rising odds of a pullback toward the $80K area if support around the mid‑$80Ks fails. A weak Nasdaq and thin year‑end liquidity are reinforcing defensive positioning.
Ethereum outperforms majors but stalls below key resistance
ETH is around $3,150, up roughly 2.8% on the day and modestly firmer than BTC over the week. FXStreet highlights that rejection at the 50‑day EMA near $3,280 leaves ETH vulnerable to a move toward $3,000–$2,750 if macro data or risk sentiment deteriorate.