The Calm Before the Storm for Bitcoin and the crypto market ?

After a period of high volatility, Bitcoin seems to have found some stability in recent days.

Bitcoin (BTC) price has remained in a tight range despite the recent market volatility. The cryptocurrency managed to find some stability in the last few days as investors await the upcoming decision of the US Federal Reserve on interest rates.

The dust has settled somewhat on the crypto market and there is anticipation for what direction it will take next. The question on everyone’s lips is: will the crypto market continue its downward trajectory or will we see an uptrend from here?

The stage is set for the highly anticipated meeting of the Federal Open Market Committee (FOMC), which is scheduled for May 6-7.

This meeting has the potential to determine the fate of cryptocurrencies, especially if the fed start to cut interest rates Bitcoin will revisit 100k level.

If notPray pic.twitter.com/ZFTlvaSj2u

The main takeaway is that analysts are expecting another rate hike. But if we consider the broader context, we might be able to decipher the medium-term trend of Bitcoin price.

After a period of high volatility, BTC seems to have found some stability in recent days.

This pause in the decline could be a sign of an upcoming rebound, once macroeconomic uncertainties have cleared.

However, it’s important to keep an eye on the bigger picture and to evaluate the overall context in order to determine the medium-term trend of the primary cryptocurrency.

While Bitcoin is taking a pause, several interesting altcoins are still showing potential for investors.

This is especially the case for HYPE, AAVE, RNDR, and FET, projects that have been standing out in recent months.

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HYPE, the native token of the Hyperchain network (Hyperliquid), has seen its value double in recent weeks.

This decentralized finance (DeFi) protocol is increasingly attracting investors attention with its innovations in crypto lending and borrowing.

On the other hand, AAVE remains a key player in the DeFi space.

The platform, which offers decentralized lending and borrowing solutions, continues to gain adoption and liquidity, leading to a strong stock performance recently.

RNDR, the token of the Render Network distributed rendering network, is also gaining momentum.

Leveraging the increasing demand for high-performance computing for Web3 applications like games and 3D content creation, RNDR is showing strong potential.

Finally, FET, the native token of Fetch.ai, a decentralized artificial intelligence platform, is attracting more attention.

With advancements in AI within the crypto ecosystem, FET appears well-positioned to benefit from this trend.

While Bitcoin takes a break, these promising altcoins offer an interesting opportunity window for savvy investors.

Certainly, the macroeconomic context remains uncertain, but these projects have distinguished themselves through their innovations and growth potential.

#Altcoins I can smell an Altcoin-Season for the next few weeks.The signs are there. pic.operability.li/>

It will be crucial to closely monitor the evolution of these assets in the coming weeks and months.

Beyond short-term fluctuations, these altcoins could indeed present great long-term investment opportunities.

It will also be essential to carefully analyze and determine key support and resistance levels to avoid being caught off guard by volatility.

Analyses are available on our site on these altcoins to be as prepared as possible.

Moreover, some “forgotten” altcoins like Cardano and Dogecoin offer good opportunities with less risk of retracement.