Crypto Market Takes a Breather: What's Next for Bitcoin and Ethereum?

The crypto market is currently in a holding pattern. Bitcoin and Ethereum are the main focus, with investors waiting for clearer signals from central banks before making big moves. Things have been pretty stable lately. Both small and big investors are putting money into BTC and ETH, but they're not using much borrowed money to do so. This shows they're being careful. Bitcoin recently bounced back to around $94, 000, and the total value of all cryptocurrencies is now about $3. 25 trillion. Last Friday, there was a sudden drop in Bitcoin's price by $4, 000. This was caused by around $2 billion in forced sell-offs. However, the market quickly absorbed the shock without any major sell-offs. Investors are being picky about where they put their money. In crypto, this means they're focusing on the big names like Bitcoin and Ethereum. There's still some uncertainty, with traders expecting Bitcoin to stay between $85, 000 and $100, 000 by the end of the year. The big question now is what the central banks will do. The U. S. Federal Reserve is making a decision this week, and the Bank of Japan is meeting next week. These decisions could shake things up. With less interest in smaller cryptocurrencies, traders are looking at different strategies. They're focusing on smaller coins that offer good funding rates. At the same time, retail investors are selling less Bitcoin. The amount of Bitcoin being sent to exchanges by small holders is at an all-time low. This means there's less Bitcoin available for trading, which could be a good sign for the market.