$BTC $ETH $SOL
Jerome Powell's speech at 6:00 PM IST (8:30 AM ET) today could indeed spark major market volatility, especially because:
⚠️ Rumors of his resignation are circulating — this alone could rattle investor confidence.
💬 Fed commentary always impacts USD, gold, crypto, and equities — even more so during uncertain times.
📊 Traders and investors should prepare for sudden price swings in:
💵 USD pairs (EUR/USD, GBP/USD, etc.)
📈 Indices (S&P 500, Nasdaq)
🪙 Crypto markets (especially BTC, ETH)
🟡 Gold (XAU/USD)
✅ What You Can Do:
Avoid over-leveraging before the speech.
Set tight stop-losses if you're already in trades.
Wait for the speech to end and market reaction to stabilize before making new entries.
Watch for keywords: “Inflation”, “Rate hikes”, “Resignation”, “Uncertainty”