Federal Reserve Interest Rate Decision + Powell's Speech Double Impact!!! 🚀🚀
Regarding the Federal Reserve's May interest rate decision: basically staying put (unchanged), Bitcoin is expected to rise and then pull back.
Powell's speech: Will he reiterate that there is no rush to cut rates and emphasize the independence of the Federal Reserve? Or hint at whether there are clues about rate cuts in June, July, or August, even if Trump has repeatedly criticized Powell. However, Sweetheart believes that it is unlikely to cut rates before September.
If there is a rise in the evening to early morning phase, one can short above $9.78, targeting around $95,000, with Ethereum moving in sync.
