🚨 FOMC Decision: A Key Moment for Crypto? 🚨
July 30, the U.S. Federal Reserve will announce its decision on interest rates. The market is already anticipating very high odds (97%) that rates will remain stable. However, traders are more attentive than ever to Powell's language and hints about possible cuts in September.
🔍 Why all the hype?
• When the Fed lowers rates 📉, there is more liquidity, and risk assets like Bitcoin can soar! 🚀 (Historically, cuts have fueled rallies, such as the +375% of BTC from 2020-2022).
• If Powell's tone sounds “dovish” (soft) 🕊️, it could be fuel for the bulls. But if it’s “hawkish” (firm) 🦅, many will secure profits by selling.
💣 Volatility in sight
• FOMC days often bring brutal price shakes and volatility in Bitcoin, especially around the announcement hours (11am–3pm ET).
• The price of BTC stabilized around $117K and leveraged liquidations fell ($36M in 24h), but an unexpected signal could change EVERYTHING in minutes.
📉 Watch these levels!
• Key support: $107K ⚠️
• Short-term resistance: $112K–$118K. A bullish breakout after dovishness could point to $143K.
📈 What should traders do?
• ⚡ Stay alert for volatility right after the announcement.
• 🔐 Maintain risk management: these events can shake crypto in minutes.
• 🌪️ Be prepared for extreme moves!
🔥 Share and tag those friends.
