Markets are walking a tightrope at the moment. Volume is thinning out, and all attention is locked on the upcoming Wednesday’s FOMC policy decision. There’s a 99% consensus that there will be no rate cuts, so while nothing drastic is expected, the markets may still price in this confirmation. A pullback is quite possible—perhaps towards the $91K or even $88K levels. It’s hard to pinpoint, but downside movement is definitely on the table.
More crucially, Powell’s economic projections right after the announcement will set the tone for the next move. If the Fed signals a dovish stance or hints at looser monetary policy ahead, we could see markets rebound quickly.
Don’t forget—CPI data drops next Tuesday, adding another layer of volatility. The coming 7 days could be very dynamic, with sharp moves possible both ways. Personally, I’m leaning bullish, but still cautious.
Also, watching BTC Dominance (BTC.D) – I expect it to push up to 67% before any significant drop. Meanwhile, $ETH /$BTC BTC could retest the 0.016–0.017 range, which might align with$BTC
topping and ETH bottoming.
I’m staying in stablecoins for now, but definitely not sitting out completely.
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