$BTC bitcoin hit 97k$ and then take reversal after michael s | khannu on Binance Square

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$BTC bitcoin hit 97k$ and then take reversal after michael saylor buy btc now traded at 94$ can we see more pump or not

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#USHouseMarketStructureDraft FOMC MEETING ALERT: RATES AT 23-YEAR HIGHS – WHAT’S NEXT? 📉💰** The Fed’s **May 6-7 meeting** is here, and the stakes are high. Here’s what every trader needs to watch: ### **🔹 Key Expectations** - **Rates likely unchanged at 5.25%-5.50%** (23-year high, same as March). - **Dot Plot & Guidance**: Will the Fed stick to its **2024 rate-cut forecast** (3 cuts expected), or delay due to sticky inflation? - **Powell’s Tone**: Dovish hints = market

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#FOMCMeeting FOMC MEETING ALERT: RATES AT 23-YEAR HIGHS – WHAT’S NEXT? 📉💰** The Fed’s **May 6-7 meeting** is here, and the stakes are high. Here’s what every trader needs to watch: ### **🔹 Key Expectations** - **Rates likely unchanged at 5.25%-5.50%** (23-year high, same as March). - **Dot Plot & Guidance**: Will the Fed stick to its **2024 rate-cut forecast** (3 cuts expected), or delay due to sticky inflation? - **Powell’s Tone**: Dovish hints = market

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**🚨 $LAYER Price Drop Alert: What Just Happened? 📉** The **$LAYER/USDT** pair has seen a sharp decline from **$3.45 to $2.10** (down **~39%**), sparking concerns among traders. Here’s a quick breakdown: ### **Key Data:** - **24h High/Low:** $3.23 ➝ $1.95 - **24h Volume:** **43.32M LAYER** ($113M USDT) - **Recent Performance:** - **Today:** **-32.57%** 📉 - **7 Days:** **-27.69%** - **30 Days:** Still up **+26.25%** (volatility warning!) ### **Possible Reasons for the Drop:** 1️⃣ **Profit-Taking:** After a **+26% monthly rally**, traders may be cashing out. 2️⃣ **Market-Wide Dip:** Broader crypto corrections often drag alts down. 3️⃣ **Low Liquidity:** Thin order books can amplify swings (check depth charts). 4️⃣ **News/Whale Moves:** Watch for sudden large sell orders or project updates. ### **Technical Signals:** - **RSI (54.6):** Neutral but cooling from overbought levels. - **Bollinger Bands:** Price broke below the middle band (**$2.99**), testing lower band support at **$2.35**. - **Stochastic RSI:** At **0.0** (oversold), but MA shows weak momentum (**1.17**). ### **What’s Next?** - **Support Zones:** **$1.95** (24h low) is critical. A break lower could signal more downside. - **Rebound Potential:** Oversold conditions may attract buyers if Bitcoin stabilizes. **🔍 Stay Alert:** Monitor **Binance Depth Charts** and project news for clues. Would you buy this dip or wait? Comment below! 👇 #layer #Crypto #Trading #BinanceSquare #Volatility

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Market shake up again #FOMCMeeting was good and lresent a good points which is bearish news but still market is taking correction and will booom soon #USHouseMarketStructureDraft $BTC

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#FOMCMeeting The **FOMC meeting** is a key event for financial markets, as it sets U.S. monetary policy, including interest rate decisions and economic outlook. Since I don’t have real-time data (my knowledge is up to **June 2024**), I recommend checking the latest updates from these sources for today's meeting highlights: ### **Where to Find Today’s FOMC Highlights:** 1. **Federal Reserve Official Statement** – [FederalReserve.gov](https://www.federalreserve.gov) 2. **Live News Coverage** – Bloomberg, CNBC, Reuters, or Wall Street Journal 3. **Fed Chair’s Press Conference** (if scheduled) – Usually provides forward guidance 4. **Market Reactions** – Watch **S&P 500, Treasury yields (10-year), and the USD Index (DXY)** ### **Key Points to Look For:** ✔ **Interest Rate Decision** – Any change in the federal funds rate (currently **5.25%-5.50%** as of June 2024). ✔ **Policy Statement Changes** – Hawkish (tightening bias) or Dovish (easing bias) signals. ✔ **Economic Projections** – Updates on GDP, inflation (PCE), and unemployment. ✔ **Dot Plot** – Fed officials’ future rate hike/cut expectations. ✔ **Balance Sheet Policy** – Any changes to quantitative tightening (QT).

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