🔺The market is in the green zone: BTC and ETH are gradually gaining +1.5%, setting the mood for all altcoins. The top and mid-cap coins are growing equally: by +3..5%, while a number of coins (LTC and WLD) have risen by +9% overnight.
🔺Last night, BTC and altcoins dropped by -1..3% amid escalating military conflict between India and Pakistan, but later quickly recovered the drop on rumors of the start of trade negotiations between the USA and China. It is extremely important to see how the SP500 index opens today at 16:30 MSK: waiting.
🔺Today, at 21:00 MSK, the Fed regulator will announce the decision on the key interest rate. The market is 96% confident that the rate will remain at the previous level of 4.5%. Half an hour after the announcement, J. Powell will give a report on the Fed's further policy. Be cautious: the market will be volatile!
🔺Meanwhile, BTC.D broke the 65.3% mark yesterday. The last time (at these values) the metric was in January 2021: just before the start of the alt season of the last cycle. Surprisingly, altcoins are holding up well, and the same ETH/BTC pair continues to stay above the lows from April 22 and 30.
🔺Ethereum closed April with a red candle at -1.58%, continuing a series of five consecutive (red) months. Will May break this trend?👇
