🚨 FED INVESTIGATION THREATENS MARKET STABILITY
Gold has surged to a fresh all-time high near $4,600 🟡 as investors rush into safe havens, while Bitcoin holds around $93.4K ₿ despite growing uncertainty around the Federal Reserve ETH remains steady near $3,184 💠, showing resilience across major crypto assets.
Market indicators are mixed but constructive 📊. BTC’s RSI is neutral at 56 with a bullish MACD crossover, and key support sits near $88K. ETF flows have turned positive again with $116.7M in net inflows, while large holders show confidence with a whale long/short ratio of 3.32 🐳.
The main catalyst shaking markets is a DOJ criminal probe into Fed Chair Jerome Powell related to a $2.5B headquarters renovation 🏛️. Powell says the investigation is being used as political pressure over rate cuts, raising fears that Fed independence could be undermined, which would increase long-term risk premiums 📉.
Macro data adds fuel to the debate: December CPI came in at 2.7% YoY and core at 2.6%, easing fears of further aggressive tightening 📉. Still, with the S&P 500 near 7,000 and valuations stretched, investors are nervous about what comes next 📈.
Trading outlook ⚡
BTC support sits at $88K–$90K with resistance near $94,253 and a major psychological level at $100K. ETH faces resistance around $3,300 with strong support at $3,000. Gold is in uncharted territory, eyeing $4,800 with support near $4,574 🟡.
Strategy 🧭 Accumulate BTC and ETH on dips within consolidation, keep tight stops below $85K, and stay alert for volatility as the Fed crisis unfolds.
