#PowellRemarks
Fed Chairman Jerome Powell’s latest remarks created waves in the financial world again. He said inflation is coming under control but not fully done yet, and hinted at possible future rate hikes.
As a trader, I always watch Powell’s comments before entering any big trade. Yesterday, after his speech, I noticed sudden volatility in ETH and SOL — so I immediately exited my short-term ETH trade with minor profit.
It’s clear that macroeconomics plays a big role even in crypto markets. Powell’s tone can change the mood of global investors. For me, Powell remarks are always a red alert to tighten risk and avoid leverage.