Crypto Markets dey fall as US Index Futures still dey resilient
Crypto market dem still dey lose as major tokens drop on Monday, but US index futures still steady before big meeting on Ukraine. Bitcoin and Ether fall, but Chainlink strong and Solana reach record for transaction speeds. Investors dey wait Federal Reserve Chair Powell speech for Jackson Hole to get clue about September rate cuts. Derivatives data show say open interest dey rise and funding rates dey drop, mean say bearish momentum dey for Bitcoin and Ether. Solana on-chain liquidations pass centralized exchanges, and record open interest show say perp trading activity dey shift. One Shiba Inu whale move $38 million SHIB go cold storage as token burn spike dey happen. Mixed signals make crypto market weak short term, but fit bounce back if Fed policy turn dovish.
Neutral
Dis artikel dey show mixed market signals: widespread token losses and bearish derivatives metrics dey contrast wit stable US index futures and di prospect of Fed rate cuts. Historically, similar sell-offs before big central bank events (like pre-Fed meetings for 2023) don lead to short-term price dips followed by rallies when policy turn dovish. Rising Bitcoin and Ether open interest along wit fading funding rates show say bearish momentum a build, while record Solana derivatives activity dey highlight how trader strategies dey evolve. On-chain liquidations and whale behavior dey add to volatility. Short term, traders fit stay cautious, wey fit drive further decline or sideways trading. Long term, if Jackson Hole shifts dovish, e fit change sentiment and spark recovery across crypto markets.