Cryptocurrency Market Sees Caution Amid Profit-Taking and Macro Risks

The crypto market is experiencing a cautious mood, with both Bitcoin and Ethereum showing signs of consolidation.

A large options expiry is expected to bring short-term volatility, which may impact the prices of these cryptocurrencies. Despite strong inflows into Bitcoin ETFs, profit-taking and macroeconomic risks are capping gains for the global crypto market capitalization.

Investors are advised to consider a staggered accumulation strategy near support zones to mitigate potential losses.