Bitcoin, Ethereum, Dogecoin flat as investors are preparing for crucial inflation data: the best analyst said this week comparable to any period of “ `crisis ”, but you should be optimistic – Grayscale Bitcoin Mini Trust (BTC ) Unconnected fractional joint units (ARCA: BTC)

The main cryptocurrencies moved to laterally on Sunday before a week filled with key inflation data.

What happened:: Bitcoin consolidated between $ 95,000 and $ 97,000. The main cryptocurrency fell to an intrajat hollow of $ 94,745 at the end of the afternoon, before getting back to $ 97,000.

Ethereum Flickering in the $ 2,600 area, while the bulls were waiting for a decisive break.

Cryptocurrency liquidations have reached $ 228 million in the last 24 hours, with long liquidations representing more than $ 146 billion.

The open interest of Bitcoin increased slightly by 0.36% in the last 24 hours. Depending on the long / short / short ratio.

The feeling of the market has remained in the “Fear” area, according to the Crypto Fear & Greed index, indicating the possibility of new price corrections.

The best winners (24 hours)

The global market capitalization of the cryptocurrency amounted to 3.17 billions of dollars, increasing by 0.40% in the last 24 hours.

The stock -up contracts checked on Sunday evening. THE Dow Jones Industrial Middle Tower Rose 68 points, or 0.15%, at 7:45 p.m., Hae. Future linked to S&P 500 won 0.26%, while Nasdaq 100 Futres added 0.38%.

The rise became before the crucial macroeconomic data due this week, including the report of the consumer price index on Wednesday and the producer prices index on Thursday.

See more: Best cryptocurrency scanners

Analyst’s remarks: Popular cryptocurrency analyst and merchant Michaël Van de Poppe Anticipated a “strong week” for future cryptocurrencies, aligning on the publication of CPI and PPI data.

“This week is comparable to any period of previous crisis,” said Van de Poppe. “During periods of crisis, you would like to be optimistic, and the maximum pain is up, not down.”

Another well-known researcher in cryptocurrency, Ali Martinez, weighed on the possibility of an Ethereum rally.

All eyes on $ 2,600! If this level of key support is held, ETH could take momentum for a rebound around $ 3,000, or even $ 4,000, “planned the analyst.