Bitcoin failed to cross above $60,000, indicating low demand at higher prices due to uncertainty over the Fed Reserve's decision on interest rate cut.
WhaleWire CEO argues that interest rate cuts are not good for the economy and risky assets, cautioning crypto investors.
BTC might head towards the $55,723 support level if it remains below $60,000 for longer.
Ethereum faces selling pressure and might dip to $2,109.38, but a breach above $2,413 can lead to a rally towards $2,848.22.
BNB traders anticipate a breakout from the $462 - $636.70 range. Bulls need to stay above $636.70 for a potential rally to $723.40.
Solana struggles against selling pressure but holds above a crucial support level. A successful test at the 50-day SMA could push SOL towards $200.18 resistance.
Cardano faces intense selling at higher prices and is forming a bearish descending triangle pattern. A downtrend to $0.2497 support is likely.