#PowellRemarks Markets just took a heavy hit — nearly a 6% drop — and now all attention turns to Jerome Powell’s speech at 11:25 PM. His words could either calm the storm or stir up more turbulence across global markets.

Here’s what’s at stake:

90% chance Powell reassures → Possible bounce in stocks and crypto

Aggressive traders eyeing low-multiple contracts for potential entries

Cautious investors staying in spot positions, waiting for clarity

But that’s not the only catalyst tonight —

At 8:30 PM, we get the Non-Farm Payrolls data. A slight uptick in unemployment could fuel hopes for rate cuts, which would be bullish.