Rising Fed rate hike bets lift the US Dollar, pressuring EUR/USD and GBP/USD, while Bitcoin eyes $85,000 despite bearish signals for Tesla and NEAR Protocol.
NEAR Protocol risks 50% crash as long liquidations pile up.
Bitcoin CPI bear trap could propel price to $85,000, a bullish setup.
Rising Fed hike bets lift the US Dollar Index.
Ethereum breakout targets $3,000, signaling bullish momentum.
EUR/USD weakens as USD strengthens on Fed rate expectations.
GBP/USD weakens amid broad US dollar strength.
Tesla faces gap lower due to rising US interest rates driven by energy inflation, with key support at $350 and $340.
Microsoft shows pre-market strength, aiming for $500 resistance while holding support at $478.
Amazon expected to drop at open amid range-bound trading between 50-day and 200-day EMAs, but oversold stochastic may limit downside.
The US Dollar Index climbs as rising interest rate expectations weigh on major currencies and equities. While Bitcoin and Ethereum show bullish momentum, Tesla and Amazon face downward pressure amid broader market volatility and energy-driven inflation concerns.
The DXY is gaining strength as market expectations for Federal Reserve interest rate hikes increase, fueled by concerns over energy-driven inflation.
Tesla faces a potential gap lower, with critical support levels identified at $350 and $340; a break below $340 could trigger accelerated selling.