Crypto Weekly Outlook Report
Crypto Weekly Outlook: Macro Pressure and Technical Breakdowns Weigh on Sentiment
Cryptocurrency markets remain under pressure as macroeconomic uncertainty, elevated US rate expectations, and risk-off sentiment continue to cap upside momentum. Softer liquidity conditions and ETF flow dynamics have further contributed to cautious positioning. With US inflation data and broader financial market volatility influencing digital assets, price action across major cryptocurrencies remains technically driven and sensitive to macro headlines.
Bitcoin (BTC) Weekly Outlook: Momentum Fades Below Key Resistance
Bitcoin continues to struggle below the $70,000 psychological barrier, trading near the mid-$60,000 region and on track for another weekly decline. Despite attempts to stabilize above recent support levels, upside momentum remains limited amid cautious risk sentiment and firm rate expectations.
Institutional flows remain mixed, while derivatives positioning suggests reduced conviction in aggressive long exposure.
Key Levels:
Resistance: $70,000 | $73,500
Support: $60,000 | $56,500
Ethereum (ETH) Weekly Outlook: Rejection at Key Fibonacci Caps Upside
Ethereum remains in a corrective phase after failing to close above the key $2,149 resistance zone. Continued ETF outflows and reduced institutional demand have weighed on price action, limiting recovery attempts.
While ETH continues to hold above the $1,900 support area, momentum indicators remain fragile.
Key Levels:
Resistance: $2,149 | $2,500
Support: $1,900 | $1,747
Ripple (XRP) Weekly Outlook: Corrective Bias Below Trendline Resistance
XRP remains under pressure after encountering resistance near the lower boundary of a previously broken falling wedge structure. Price action has turned corrective, with bearish momentum resurfacing.
Market sentiment remains cautious amid broader crypto weakness and limited catalysts for sustained upside.
Key Levels:
Resistance: $1.45 | $1.79
Support: $1.30 | $1.15
Dogecoin (DOGE) Weekly Outlook: Meme Coin Volatility Persists
Dogecoin continues to underperform amid broader crypto weakness, slipping below the $0.09 region. The breakdown beneath key support levels reinforces a bearish technical structure, while increased trading volumes suggest active distribution rather than thin liquidity conditions.
Momentum indicators remain negative, although nearing oversold territory.
Key Levels:
Resistance: $0.10 | $0.12
Support: $0.08 | $0.072
Overall View
Crypto markets remain closely tied to macroeconomic developments, particularly US inflation data and Federal Reserve rate expectations. In the absence of a clear liquidity catalyst or strong institutional inflows, digital assets are likely to remain volatile and range-bound, with downside risks persisting if broader risk sentiment deteriorates further.
Key Economic Events & Data Release Today:
(JPY) Japan GDP (QoQ) (Q4) (Monday)
(EUR) Germany CPI (MoM) (Jan) (Tuesday)
(NZD) New Zealand Interest Rate Decision (Wednesday)
(GBP) U.K Consumer Price Index (CPI) (YoY) (Jan) (Wednesday)
(USD) U.S. FOMC Meeting Minutes (Thursday)
(USD) U.S. Philadelphia Fed Manufacturing Index (Feb) (Thursday)
(USD) U.S. Initial Jobless Claims (Thursday)
(USD) U.S. Core PCE Price Index (MoM) (Dec) (Friday)
(USD) U.S. GDP (QoQ) (Q4) (Friday)
(USD) U.S. New Home Sales (Dec) (Friday)
(USD) U.S. CPI (MoM) (Jan) (Forecast 0.3%, Previous 0.3% at 19:00.
(USD) U.S. CPI (YoY) (Jan) (Forecast 0.3%, Previous 0.2% at 19:00.
