FOMC: Profit Booking or Euphoria?
After analyzing the markets—indices, stocks, and major cryptos—it feels like the upcoming FOMC event could trigger a sell-off. With Trump winning, we saw massive rallies across stocks and crypto—the classic Trump trade or Trump-fueled rally. Now, I’m expecting profit booking on this hype.
Trump wants Powell to cut rates, but let’s be real—it’s unlikely until the Fed hits their 2% inflation target. This could further fuel a sell-off in stocks, indices, and $BTC -correlated cryptos.
However, if Powell’s comments aren’t hawkish, the euphoria could continue, and shorts might get fried.
Do I trade blindly on my view? Absolutely not.
I’ll adapt to what the market shows me—because in this game, flexibility beats conviction. Stay sharp.
