#FOMCMeeting To navigate the upcoming FOMC meeting's potential impact on cryptocurrency, consider these strategies:

Before the FOMC Meeting

- *Monitor Market Sentiment*: Keep an eye on market predictions and sentiment, as the Fed's decision may already be priced in. There's currently a 97.2% probability of no rate cut, according to some forecasts.

- *Positioning*: If the market is in the red after 24 hours, consider going long. However, if there's a pump within the same timeframe, avoid going long .

Potential Scenarios

- *No Rate Cut*: Expect the Fed to hold interest rates steady at 4.25%-4.50%. This decision might not significantly impact the market, as it's already priced in.

- *Dovish Surprise*: If the Fed hints at a potential rate cut in June or July, it could lead to a breakout in Bitcoin's price, potentially pushing it beyond $100,000.

- *Hawkish Deviation*: If Powell emphasizes patience and uncertainty, expect consolidation across risk-on assets until more data lands .

Cryptocurrency-Specific Strategies

- *Bitcoin*: Some analysts predict Bitcoin will test $91,500-$92,000 support levels. Holding above this level could signal a recovery toward $100,000.

- *Altcoins*: Altcoins might experience a nosedive before the FOMC meeting due to uncertainty and potential market volatility. Keep an eye on key developments in specific altcoins, such as BNB's potential ETF launch or Solana's bug resolution .

Additional Considerations

- *Regulatory Developments*: The SEC's upcoming roundtable meeting on tokenization might impact market sentiment and expectations for cryptocurrency adoption.

- *Market Volatility*: Be prepared for potential volatility, as the FOMC meeting and subsequent press conference may influence market sentiment.