⚡Macro Analysis: No news, good news⚡
🏦 Last night's meeting offered few surprises. The Fed kept the federal funds rate unchanged and reiterated its tired narrative: a resilient U.S. economy, a tight labor market, and inflation still hovering just above the 2% target.
🎯 While tariffs inject new uncertainty into economic outlooks, Powell remained cautious but calm. He reiterated that the cost of patience is "quite low," indicating that there is no urgency to cut rates.
📊 But markets are not waiting. Current prices reflect expectations of three cuts of 25 basis points in July, September, and December.
🇺🇸 #Trump unleashed a wave of risk appetite this morning by announcing a major trade agreement, with market speculation pointing to the UK as a possible counterpart. The outlook was enough to boost action across all assets.
💱 #Cryptoassets responded swiftly and positively. #Bitcoin rose by 2.74%, definitively reclaiming the psychological level of $99,000. Meanwhile, Ethereum surged by 6.89% during the Asian session, breaking out of its three-week consolidation range.
📞 There is a spike in demand for bullish call options, particularly those for May and June. This flow indicates growing optimism as traders position themselves for further gains in response to the improved macroeconomic context.
🔎 Attention will focus on whether this rally holds or if it runs the risk of fading in line with the typical trend of "buy the rumor, sell the news."
🔑 For now, tactical caution. Until #Bitcoin closes above $100,000 in the daily market, there is limited reward in maintaining momentum at current levels.
