BitMart Market Report: Macroeconomic Uncertainty Continues to Weaken Market Sentiment

According to Odaily Planet Daily, amid rising expectations of a Federal Reserve rate cut to 90% and increased risks of a Bank of Japan rate hike, macroeconomic uncertainty has fueled continued weak market sentiment. The confirmed risk of selling cryptocurrency remains low. The market remains sensitive to potential changes in the Federal Reserve Chairman's position and policy guidance. Overall, global risk assets may be entering a phase of "weak rebound + range-bound trading," with Bitcoin expected to fluctuate between $70,000 and $90,000.

The crypto market is under structural pressure, with a slowdown in new coin issuance, decreased liquidity, and persistently sluggish trading in altcoins. Although BTC and ETH have found buying support near key cost zones, and ETFs and institutional funds are still seeing net inflows, the market has exhibited clear deleveraging characteristics. Reduced selling pressure from long-term holders and the absence of extreme MVRV signals indicate that the overall trend remains intact. The AI sector faces pressure from oversupply and weakening demand, but its medium-term growth logic remains intact. If AI risk appetite recovers and drives improved sentiment in US tech stocks, the return of crypto funds is expected to strengthen accordingly. Strategically, it is recommended to strategically allocate BTC and Solana as core holdings for the medium to long term, while altcoins are advised to wait for trend confirmation next year before considering investment opportunities; BTC can be invested in using a grid-based dollar-cost averaging strategy in the 60,000-80,000 range.