Major cryptocurrencies, including bitcoin (BTC), ether (ETH), XRP (XRP), solana (SOL) and others, are trading on the front foot following Wednesday’s interest-rate cut by the Federal Reserve.
Still, some analysts are maintaining a cautious bias.
“The Fed rate cut gave crypto a near-term lift, but the rally is not yet clean,” Timothy Misir, head of research, BRN, said in an email. “Institutional flows are supportive overall, yet exchange inflows and a single-day ETF outflow signal distribution into strength.”
Misir suggested traders use a bitcoin price band of $115,000–$115,500 as the guardrail for tactical risk management.
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