Part 10/12:
In the realm of cryptocurrencies, Bitcoin continues to push higher, reaching around $125,000—a new all-time high. Ethereum also hits record levels, further fueling speculation about whether digital assets will continue to outperform traditional markets. Some experts, including Tom Lee, suggest these assets could double in value this year, though others remain cautious about overextending.
Market Outlook and Technical Levels
Market sentiment remains cautious amid a short trading window dominated by limited news flow. The major indices, including the Dow, S&P, and Nasdaq, are largely flat or modestly up, indicating a wait-and-see approach by investors. The VIX’s slight increase to nearly 17 points signals some risk appetite but not panic.