#FOMCMeeting Market conditions remain fragile with low volumes, and all eyes are firmly set on Wednesday’s U.S. monetary policy decision. While there’s a 99% probability that rate cuts won’t happen this time, markets are expected to start pricing in that scenario ahead of the announcement. A pullback seems likely — whether that takes Bitcoin down to $91K or even $88K remains uncertain, but downside pressure is on the table.

More crucial than the rate decision itself will be Chair Powell’s economic projections. Markets will be watching closely for any signals about the Fed’s forward guidance. If projections point toward a softer stance and potential policy easing in the future, we could see risk assets, including crypto, rebound sharply.

Adding to the volatility outlook is next Tuesday’s CPI print, which will give further clarity on inflation trends. The next seven days promise to be pivotal.