Washington’s Decision: Why We’re Holding Off on Crypto Purchases for Now
- Bitcoin and Macro Trends: What’s Driving Prices Right Now
- Our Crypto Portfolio Snapshot ($100K Base)
- Coin-by-Coin Breakdown
- Why We’re Waiting
- This Week’s Crypto Catalysts
- FAQs
The crypto market is catching its breath amid slightly declining oil prices despite ongoing tensions in the Middle East. But new impulses from Washington loom on March 18, potentially shaking things up. Here’s why we’re hitting pause on crypto buys and what our long-term strategy looks like.
Bitcoin and Macro Trends: What’s Driving Prices Right Now
Bitcoin briefly touched $76,000 before pulling back to around $74,000. Market sentiment has improved from last week, now sitting in neutral territory. Macro factors like dipping oil prices have given U.S. equities—and by extension, crypto—a boost. Meanwhile, bitcoin ETFs continue to attract capital, reinforcing demand. All eyes are on the Fed’s rate decision tomorrow (March 18). A hold could sustain the current risk-on environment, but hawkish signals might trigger short-term volatility.
Our Crypto Portfolio Snapshot ($100K Base)
Our model portfolio holds Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Aave (AAVE), Binance Coin (BNB), Virtuals Protocol (VIRTUAL), Canton (CC), Ripple (XRP), and Hyperliquid (HYPE), with a sizable cash position in Tether (USDT). After recent rebounds, the portfolio is up ~4% YTD, now valued at ~$93K. Want to mirror it? Download the app, head to the "Portfolio" tab, and replicate the allocations. For execution, we recommend BTCC (new users get a $30 bonus).
Coin-by-Coin Breakdown
Trading between $73.5K–$76K, BTC remains above the 20-day EMA, signaling an uptrend. A break above $76K could target $78.6K; a drop below $72K may test $70.5K.Range-bound at $2,255–$2,386, ETH shows bullish momentum. Clearing $2,386 opens a path to $2.7K.Overbought at $93–$97, SOL needs consolidation before another leg up.Holding $119–$124, AAVE’s next resistance is $140.Struggling at $667–$687; a breakout could propel it to $740.Eyeing $1.00 if it holds $0.83.Must stay above $0.145 to sustain recovery.Bullish above $40.03, targeting $43.22.Neutral at $1.49–$1.61; watch for a breakout.
Why We’re Waiting
With the Fed’s decision and Middle East tensions fueling uncertainty, we’re keeping powder dry to navigate volatility. Our strategy? Hold steady and wait for clearer signals.
This Week’s Crypto Catalysts
March 18: U.S. PPI data (13:30 UTC), Fed rate decision (19:00 UTC), Powell presser (19:30 UTC). March 19: Bank of Japan rate call (04:00 UTC), U.S. housing data (15:00 UTC). Buckle up—it’s a macro-heavy week.
FAQs
Why pause crypto buys now?
With the Fed’s decision and geopolitical risks, markets could swing sharply. We’re avoiding new positions until the dust settles.
What’s the safest crypto to hold?
Bitcoin and stablecoins like USDT offer relative stability during turbulence.
How do I track your portfolio?
Download the app, go to "Portfolio," and replicate the allocations manually.
