The crypto market has been boring for a while now. Looking at the current situation, it seems like today will continue to be choppy, and tomorrow might bring some direction. Tomorrow night is the monthly unemployment rate and non-farm payroll data release day again. Since the central bank's annual meeting hinted at stronger rate hike expectations, the market seems to have shifted a bit, but not by much... The fundamentals are getting harder to read, but the technicals are still maintaining an upward trend. For now, the mindset is still to buy the dip. Should we wait for the data release, or maybe hold off a bit longer for the mid-month rate decision? During this period, thanks to the big rallies in Bitcoin and Ethereum, on-chain activity has been buzzing... For the foreseeable future, the real money-makers will probably just be Bitcoin, a few major trending coins, and on-chain projects. The rest of those altcoins? Total scams!
