what to expect ahead of US GDP data
The crypto market today, including Bitcoin and Ethereum and majors are range‑bound with leverage drained and sentiment fragile, leaving the next US GDP print to decide if volatility returns or fades.
Summary
- The crypto market today, including Bitcoin is pinned near key support and resistance bands, with ETF flows and positioning muted as traders wait for the US GDP print before taking fresh direction.
- Ethereum sits in a low‑risk consolidation phase after open interest dropped about 50% since August, draining leverage and compressing short‑term volatility.
- Altcoins trade in narrow ranges under extreme‑fear sentiment, with low liquidity and modest liquidations…
