It is never possible to give a completely accurate information on the crypto market. This market sometimes moves at its own pace and becomes volatile. However, the situations that sometimes arise in the market are based on various crypto events. Especially various ongoing events have a lot of impact on the crypto market. As such there are some important events coming up and hopefully these events will have a lot of impact on crypto. Moreover, we saw a good movement in the coins a few days ago when Donald Trump gave some coins including Bitcoin, Ether as reserves. For example, the total dollar in the current market and Bitcoin has fallen below the 200 MA again. But in the support zone. If the altcoins want to increase in this situation, then the total dollar or investment of Altcoins must go above $2.85T again to increase this speed.
[source](https://pixabay.com/photos/trading-investing-stocks-options-7181177/)
But there is no negative news or bad news in the current situation in the market. But a kind of game is going on in the market. Market Liquidity – Playing the liquidity game. This is nothing new. If you look at the past times then you will see such houses in those times. But before something big or good happens i.e. when the market goes up, the market situation is like this before. The last down in the market we saw I think it was a bear trap! And what will happen to Trump's tariff news was already planned! Let it be necessary before anything good can happen.
However, there are some events currently going on this month based on which the market is expected to move in a positive direction. For example, Trump's crypto summit is scheduled to be held next Friday, March 7. Trump and David Sachs will host the event at the White House. Which can be one of the positive aspects for crypto and hopefully it will bring good news for crypto. Because the crypto summit that is scheduled to be held will be attended by founders, CEOs and regulators of major companies. So it becomes important. Crypto strategies and taxation are expected to be discussed at this upcoming event. It is assumed that this upcoming event has a chance of 0% capital gains tax on U,S issued cryptos. And if true then US based coins can give good profit in short time. And also a good movement can be seen in other coins as well.
Moreover, another important event is the FOMC meeting which is likely to be held on 17-18 of this month. And we know that when the FOMC meeting takes place, the market has a lot of influence around that time, it can be good or bad. But this year's FOMC meeting is expected to bring something good and if the rate cut brings something positive then it will be very important for the market and we will see a good movement in Bitcoin and other coins. But on the other hand, if something opposite happens, then it can create a bad situation for the market for a short period of time. So we should keep an eye on the upcoming events so that we can be careful at that time and avoid major losses.
