Search
Popular Search

*Bitcoin has remained largely confined between the mid-$76,000s and low $80,000s, while Ethereum consolidates around $2,500, with repeated upside attempts facing firm selling pressure.
*Rising U.S. Treasury yields, with the 10-year yield near 5%, alongside Middle East tensions and elevated oil prices have weakened risk appetite.
*Wednesday’s Fed decision is the key catalyst, with markets pricing an 80%–90% probability of a 25bp hike. A hawkish hike could trigger renewed crypto selling, while a more measured outlook may allow BTC and ETH to stabilise and retest the upper end of their ranges.
Bitcoin and Ethereum have remained confined within a narrow trading range for the past three weeks, with repeated attempts to break higher meeting firm selling pressure. Bitcoin has hovered primarily between the mid-$76,000s and low $80,000s, recently trading near $77,000–$78,000 after failing to sustain moves above the upper end of the range. Ethereum has similarly consolidated around the $2,500 level. The inability to extend the mid-August rally reflects a macroeconomic backdrop that has turned less supportive for risk assets.
Elevated U.S. Treasury yields have played a central role in capping upside. The 10-year yield recently climbed to approximately 5%, its highest level since late 2023, as markets increasingly priced in tighter Federal Reserve policy. Combined with ongoing Middle East geopolitical tensions and elevated crude oil prices, these factors have reduced appetite for speculative assets. Spot Bitcoin ETF flows have turned mixed to negative in recent sessions, while the Crypto Fear and Greed Index has settled in the greed zone near the high 50s to low 70s, indicating residual optimism but limited conviction for a decisive breakout.
Attention now centres on the Federal Reserve’s interest-rate decision due Wednesday. Markets assign a high probability—generally in the 80–90% range—of a 25-basis-point increase. A rate hike, particularly if accompanied by hawkish forward guidance or an upward revision in the dot plot, could reinforce higher-for-longer yield expectations and trigger renewed selling pressure across the crypto market. Conversely, a more measured tone that signals limited further tightening might allow digital assets to stabilise or attempt another push higher within the established range. In the near term, Bitcoin and Ethereum are likely to remain sensitive to the outcome and subsequent commentary, with volatility expected to rise as traders reassess the impact of tighter monetary conditions on risk appetite.

BTC, H4:
BTC has attempted to rebound twice from its recent low, but both recovery attempts have been capped below the 61.8% Fibonacci Retracement level at 79,880.00, suggesting that selling pressure remains intact and that buyers are still struggling to regain control.
The key level to watch is now the 76,466.00 support level. Should BTC break decisively below this area, it could trigger another round of selling pressure and potentially strengthen the current bearish momentum.
If the sell-off extends further, the next major level to watch will be the $70,000 psychological support, which could become an important area for BTC to stabilize. Conversely, a sustained recovery above 79,880.00 would weaken the immediate bearish outlook and suggest that buying momentum is returning.
Overall, BTC remains under bearish pressure following repeated rejection below the 61.8% Fibonacci Retracement level. A break below 76,466.00 could trigger further downside, with $70,000 emerging as the next key psychological support level.
Resistance Levels: 80,490.00, 84,270.70
Support Levels: 76,465.00, 71,362.40
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Important Notice to Visitors
Our products and services are not offered or made available to residents of your jurisdiction. The information on this Website is not directed at persons in your jurisdiction and is not intended as an offer, solicitation, or promotion of our products or services to them.
By clicking “I Understand”, you acknowledge this notice and confirm that you are accessing this Website at your own initiative. Access to this Website does not mean that our products or services are available to you.
Important Notice
Please be advised that our products and services are currently unavailable to residents and entities located in the Philippines.
This restriction is a result of our firm commitment to adhering to applicable legal and regulatory requirements in all jurisdictions where we operate. In line with our internal compliance protocols and evolving global standards, we continuously assess and update access to our platform to ensure full regulatory alignment.
We appreciate your understanding and cooperation.
If you believe this restriction has been applied in error, please contact our support team for further assistance.
Dear Valued Client,
As part of PU Prime’s ongoing commitment to providing a stable and reliable trading environment, please be informed of the following weekly weekend scheduled optimisation activities:
We sincerely apologise for any inconvenience this may cause as we strive to provide you with better service. PU Prime is committed to providing you with the best trading experience and this Weekly Scheduled Optimisation Notice will enable us to ensure that you trade without any unexpected interruptions.
For other upgrades that may involve longer disruptions to your trading, we will announce them ahead of time in a separate announcement.
Important Notice:
Important Notice: Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on a reverse solicitation basis in accordance with the laws of your home jurisdiction.
Important Notice:
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Aviso importante:
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.