๐จ *REMINDER:*
๐บ๐ธ Fed Chair *Jerome Powell* will testify before the *House Financial Services Committee* *tomorrow* โ a major event for markets. ๐๐๐
๐ง *Why this matters:*
Powell's words can *move markets instantly*. Traders and institutions will dissect every sentence for clues on interest rates, inflation, and recession risks.
๐ฅ If Powell signals:
โ โ๏ธ *Rate cuts* are coming โ *Bullish* for Bitcoin, stocks, and risk assets
โ ๐ *No cuts* / inflation still high โ *Bearish*, volatility likely
๐ฅ The timing is crucial:
โ Geopolitical uncertainty is rising
โ Markets are shaky but recovering
โ Crypto wants a *green light* from the Fed to pump again ๐
๐ Expect *volatility* tomorrow during and after his testimony. Many will hedge positions or hold off on trades until Powell speaks.
โ Strategy: Stay alert, avoid overleveraging, and watch how the *DXY*, *BTC*, and *yields* react in real time.
This testimony could shape the *next major trend* โ up or down. ๐๐