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Bitcoin seesaws near $60K: Is 'stack and hold' still a good idea?
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Crypto Investors Strap In as Bitcoin Eyes the Moon... Again

Alright, folks, buckle up, because the crypto rollercoaster is back in action! Picture this: Bitcoin, Ethereum, and everyone's favorite meme, Dogecoin, are holding on tighter than your grandpa's grip on his remote control after the Fed hinted that they might just ease up on those pesky interest rates.

Bitcoin flirted with $65,000 over the weekend like it was trying to impress a date, but then settled back down to the $64,000 range, as if it remembered it left the oven on. Ethereum, not to be outdone, slid from $2,790 to around $2,750, like a kid who had too much sugar and is now slowly crashing.

Meanwhile, Dogecoin, bless its Shiba Inu heart, dropped 1.35%, probably because it realized it was created as a joke and isn't quite sure what to do with itself now that people actually take it seriously.

Now, if you're wondering where the crypto market stands after all this drama, it’s at a cool $2.25 trillion. That’s trillion with a “T,” folks! But don’t pop the champagne just yet—the market did take a tiny dip of 0.63% in the last 24 hours. The Fear & Greed Index is now flashing “Greed,” which in crypto terms means people are feeling about as confident as a toddler in a cape.

Over in the stock world, things were about as exciting as a lukewarm cup of tea on a Sunday night. The Dow inched up 0.04%, S&P added 0.08%, and Nasdaq futures bumped up 0.15%. In other words, Wall Street took a nap and no one noticed.

The real action, though, was in the minds of crypto analysts. The ever-optimistic Poseidon says, “No resistance until $85,000!”—because why stop at a reasonable prediction when you can go big or go home? Meanwhile, Rekt Capital is pulling out the history books, telling us that Bitcoin's been chilling in this "ReAccumulation Range" like it's waiting for the right moment to burst out and surprise us all—maybe by late September, if it feels like it.

So, what does all this mean? Who knows! But if you’re a crypto investor, it’s probably a good idea to buckle up, hold on, and enjoy the ride—because this train doesn’t stop, even if it sometimes feels like it’s headed straight for the moon.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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