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DMH ๐ฆ๐๐
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FedMinutesFocusOnOctoberPause
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๐จ HIGH ALERT โผ๏ธ PLEASE DONโT TRADE BLINDLY FOR THE NEXT HOUR ๐จ Guys, we have FOMC Minutes coming in less than 1 hour. And after the kind of volatility we already saw today, I really donโt want anyone opening random high-leverage positions just before this release. The biggest reaction Iโm watching will be in Gold (XAU), Silver (XAG), BTC and ETH. Then coins like SOL and other highly leveraged mid/low-cap alts can exaggerate whatever move BTC makes. Gold and Silver are especially sensitive tonight because the market is already reacting to the US dollar + Treasury yields, and both metals have been under heavy pressure ahead of the Fed minutes. Briefly speaking ๐Hawkish Fed Minutes โ Dollar/yields can push higher โ pressure on BTC, crypto, Gold & silver ๐Dovish Fed Minutes โ Dollar/yields can cool โ BTC, Gold, Silver and risk assets can bounce hard. And please remember the first candle can be a trap. We can get a pump, immediate dump, liquidations on both sides, and then the real direction. So for now, protect your positions, reduce unnecessary leverage and donโt FOMO into the first move. Tonight Iโm watching $XAU , $XAG and $BTC first. These will tell us very quickly how the market is reading the Fed. I will Update you guys on time Follow @Panda Traders and Turn on Your notifications right now #FedMinutesFocusOnOctoberPause
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