No Surprises from the Fed, but Trump’s Trade Tease Sparks Crypto Surge 🤔
The FOMC meeting was a non-event, with the Fed keeping rates steady and Powell staying vague on future cuts, pointing to June for clarity. Markets are pricing in three 25bps cuts this year. Meanwhile, Trump’s hint at a big trade deal (possibly with the UK) ignited a risk-on mood, boosting Bitcoin (+2.74%) past $99K and Ethereum (+6.89%) out of its $1,700-$1,900 range. Options traders are betting on more upside with May/June calls. The report advises caution, warning of a potential “buy the rumour, sell the news” dip once trade details emerge, and suggests waiting for BTC to break $100K before jumping in.
I think the report nails the market’s current vibe—everyone’s hyped about Trump’s trade tease, but the lack of concrete details makes this rally feel a bit shaky. The Fed’s “wait and see” approach is no surprise, and Powell’s chill demeanor keeps things steady, but the crypto spike feels more like FOMO than a solid trend. I agree with the cautious take: chasing BTC at $99K is risky without a clear $100K breakout. The trade deal buzz could fizzle if it’s overhyped, so keeping a cool head makes sense here.
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