#PowellRemarks

How the Fed's Statements Affect Crypto Markets on Binance**

Federal Reserve Chair Jerome Powell's words always move markets. Today, during his latest remarks, he highlighted:

🔹 **Potential prolonged maintenance of high interest rates**

🔹 **Concerns about persistent inflation**

🔹 **Caution against premature rate cuts**

**Immediate Impact on Crypto (Binance Data):**

- BTC reacted with volatility (±3% within minutes)

- Altcoins show greater sensitivity (some dropping 5-7%)

- DXY (Dollar Index) up 0.8%, creating pressure on risk assets

**📌 Trading Strategies for Binance Users:**

1) **Short-Term:** Watch key support levels for $BTC ($60K) and ETH ($2.9K)

2) **Futures:** Adjust leverage (volatility increases liquidations)

3) **Spot Trading:** Accumulate in value zones if overreactions occur

💡 *"Don't fight the Fed" - Analyze the actual tone (hawkish or neutral?) before panic selling or FOMO buying.*

How are you positioning yourself after these remarks? Share your market analysis below! 👇