#FedHODL #FedHODL

#FedHODL

The Federal Reserve's interest rates remained the same.

The market reacted very positively to this news and went up. Is this a new uptrend? Or just a wave inside a small corridor, where we entered on 01/27?

The next few hours will show. Right now, the charts of ETH, BNB, SOL, BTC, etc. are testing important resistance.

How can the interest rate affect cryptocurrency? Now we are glad that the rate was not raised. In addition, about 60% of analysts believe that the rate will be reduced in March.

For cryptocurrency, this will mean growth. The appearance of cheaper money on the market will entail large investments in all areas. And the risk of inflation will also lead to investment in crypto. After all, Bitcoin has already earned a reputation as digital gold. With the risk of inflation, it has become fashionable to invest in Bitcoin.

We follow the charts 👇 We buy only in case of a resistance breakout