A second higher close as the Fed holds at 4%

Price and levels

Price traded between $80,397 and $81,823, a 1.76% range, and closed above the previous day's high of $81,300 for a second higher close in a row. It sits above the weekly open of $80,154 but below the 50 day average of $81,943 and the monthly open of $83,624. The 200 day average is at $73,111, and the close is 26.4% under the 52 week high close of $110,541.

Previous day

$79,506 to $81,300

7 day range

$79,221 to $84,377

30 day range

$79,221 to $87,220

Weekly open

$80,154

Monthly open

$83,624

50 day average

$81,943

200 day average

$73,111

52 week high close

$110,541 (26.4% below)

Derivatives

Median funding was 0.0055% per period. Open interest slipped 0.57% to $29.7B, and perpetuals traded 3.3 basis points under spot.

Market mood

Seven day realized volatility fell to 26.5%, close to the 30 day 25.1%. The fear and greed index reads 51, 22.1% of coins hold above their 50 day average, and Bitcoin took 35.3% of stablecoin-quoted volume.

Calendar

Yesterday

• 18:00 UTC US: Fed Interest Rate Decision (Actual 4%, forecast 4%, previous 4%)

Today

• 12:30 UTC US: Core PCE Price Index (YoY) (Previous 3.01%)
• 12:30 UTC US: GDP Growth Rate (QoQ, annualized) (Forecast 3.2%, previous 2.2%)
• 12:30 UTC US: Initial Jobless Claims (Forecast 198K, previous 194K)
• 12:30 UTC US: Core PCE Price Index (MoM) (Forecast 0.3%, previous 0.2%)
• 13:15 UTC EU: ECB Interest Rate Decision (Deposit Facility) (Previous 2.5%)
• 18:00 UTC JP: BoJ Interest Rate Decision (Previous 1.04%)