TOMORROW IS GOING TO BE A VERY VOLATILE DAY FOR CRYPTO 🚨

AT 2PM UTC TOMORROW, THE FOMC RATE CUT DECISION WILL BE RELEASED.

RIGHT NOW, IT'S ALMOST CERTAIN THAT THERE WON'T BE ANY RATE CUTS, AND THE MARKETS HAVE PRICED IN THAT.

BUT THERE'S ONE THING WHICH WILL BE THE MOST IMPORTANT.

POWELL PRESS CONFERENCE WHICH WILL HAPPEN 30 MINUTES AFTER FOMC DECISION.

SINCE THE LAST FOMC MEETING, INFLATION HAS COME DOWN WHILE GDP HAS TURNED NEGATIVE.

BOTH THESE THINGS COULD PUSH POWELL TO BE DOVISH, WHICH IS VERY BULLISH FOR RISK-ON ASSETS.

I THINK THE FED COULD ALSO ANNOUNCE THE END OF QT, WHICH HAS BEEN ONGOING SINCE 2022.

OVERALL, IF THE FED SOUNDED BULLISH FOR THE MARKETS, ALTCOINS REVERSAL COULD HAPPEN.