๐จ FOMC ALERT ๐จ
โFOMC Today: Will BTC & ETH Breakout or Breakdown?โ
Body:
All eyes are on the FOMC meeting as Powellโs stance on rates could set the tone for markets. A dovish hint (future rate cuts) may fuel a rally in risk assets, while a hawkish tone could trigger fresh selling pressure.
๐ BTC (Bitcoin):
BTC recently bounced from $112,380 support and is trading near $114,200. If momentum continues, it could retest $115,700 โ $116,700 today. However, rejection here could drag $BTC
BTC back toward $113,000 โ $112,400.
๐ ETH (Ethereum):
ETH is showing resilience but faces a strong barrier at $3,850 โ $3,950. A BTC-led breakout could push ETH above $4,000, but if sentiment weakens, $ETH
ETH may slip back to $3,720 โ $3,650.
โก Bottom line: FOMC updates often spark high volatility in crypto. Traders should stay alertโthis could be the spark for the next big move.
Call to Action:
๐ โAre you bullish or bearish after FOMC? Share your view!โ