The current situation in the cryptocurrency market remains unstable, and altcoin traders should pay attention to expected economic data and tariff changes.
Brief Overview of the Current Market Situation
The anticipated surge in altcoins has yet to materialize; however, the rebound of Bitcoin (BTC) from its decline, targeting a price of $66,000, holds significance. The expected softening of tariffs may lead to market recovery.
Analysis of Key Events and Their Impact
Significant U.S. economic data, including employment and PCE figures, will be closely monitored. Predictions for the Fed’s inflation indicator, PCE, hover around 2. If PCE reports around 2.2, it may alter the Fed's commentary.
Forecasts for Solana, CHZ, and CEEK Coin
While the current market environment does not suggest a robust surge, Solana displays potential for gradual rise towards the $164-167 range. CHZ is near the key level of $0.0437, while CEEK Coin may see fluctuations around $0.0186 and $0.0221.
Altcoin traders should remain vigilant in the upcoming 10 days as significant economic announcements are expected. The market may react to changes in tariff policy and macroeconomic data.
