🗡 The market is frozen ahead of tomorrow’s FOMC rate decision 🦁💥
On May 7, the Fed will hold its next meeting. Since the last one, much has changed: Trump continues his tariff circus, and macro data has been all over the place. Some point to a rate cut, others to a hold.
Markets aren’t expecting a cut tomorrow — at all. What really matters is 🤬 Powell’s tone. With this uncertainty in the air, some players are closing positions, which explains today’s slow bleed.
Looking at the Binance and Bybit heatmaps, there’s a big liquidity cluster around $92–93K. I wouldn’t be surprised if we get a wick into that zone tonight — so be cautious with longs. I personally don’t expect BTC to drop below $90K.
I still firmly believe the market is reversing, and May–June will bring solid growth — maybe even a new ATH for BTC, similar to the rally in fall 2024. Just look at how aggressively Tether is printing, and how projects are coming back to life with a wave of airdrops.
These are 😊 the first real signs of recovery. That’s why any dip — including tomorrow’s FOMC volatility — is a LONG opportunity, not a short.
Many still don’t believe in this reversal. They’ll quote 1001 macro arguments for a crash. And that’s fine. Other people’s disbelief shouldn’t scare you — the market always moves against the crowd.
😎 My main bet remains on $ETH and its ecosystem. Stay focused, stay calm.
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