#FOMCMeeting | Why is the crypto market holding its breath tonight?
Every time the U.S. Federal Reserve meets, time temporarily stops in the financial markets... but what about the crypto market? The answer: the anticipation is greater, and the impact is faster!
The FOMC meeting tonight may outline the upcoming trend:
Will interest rates be held steady? Most likely, yes.
Will Powell hint at a near-term cut? This is the key to a price explosion or a temporary collapse!
Major cryptocurrencies are swinging near sensitive support levels, waiting for one word that could ignite the market or cool it completely.
What does this mean for traders?
Do not trade on predictions... but on the market's reaction.
The first 15-30 minutes after the decision are the most dangerous and richest with surprises.
Risk management = your most important weapon today.
Final hint: If the speech comes across as dovish, this could be the opportunity that speculators are waiting for to enter... Is Bitcoin headed for 100K? Anything is possible.
Stay tuned for the critical moment... and remain calm no matter what happens.
