🏛️ FED Meeting and Testimony from Jerome Powell
🔹 The FED maintained rates at 4.25%–4.50% and postpones cuts for later in the year. Powell warned of risks from inflation, tariffs, and geopolitics.
🔹 Bitcoin is trapped between $104K and $112K: if it falls below $104K, we could see a correction towards $100K.
🔹 Still no cuts soon, the bullish momentum is delayed. Even so, a strong upward trend in BTC would open the door for altcoins to take the spotlight.
🔹 Now more than ever, keep an eye on identifying projects with solid fundamentals, as only some altcoins will receive the spotlight.
🗣️ Your turn: Do you think the FED will halt the cycle, or will it be just a strategic pause before the real rally? Do you hold BTC or jump into altcoins?
📌The FED adopts a technical and cautious stance. No rate cuts are expected soon, creating uncertainty. However, a rebound in BTC would stabilize the path for altcoins to shine in this potential altseason.
🗨️ And you, what strategy do you choose?
