#FOMCMeeting The Federal Meeting Begins – and the Markets Ignite! 📈🔥
🗓️ The Federal Open Market Committee (FOMC) meeting starts today, June 17, and notably, the crypto market is turning bullish despite expectations of no change in interest rates.
💡 What's the reason?
Expectations indicate that interest rates will remain steady with no hikes or cuts.
But traders are focusing on momentum and liquidity flow, not monetary policy.
There is strong demand for ETFs with whale accumulation.
🤔 Why is that considered bullish?
Stability means no negative shocks for risk assets.
Markets prefer stability.
Major investors are betting on a dovish tone in the future.
📈 The expectation:
If Powell hints at future cuts, Bitcoin could break through resistance, followed by strong movements in altcoins like ETH, SOL, and XRP. It is certain that the Federal Reserve will meet and most expectations lean towards stability by a large margin.
However, stability will pile pressure on the US economy, and eventually, the Federal Reserve will have to cut rates no matter how long it takes. The Federal Reserve is just maneuvering for time despite President Trump's request to lower rates.
If rates are cut, we will see a market recovery with vertical peaks in the cryptocurrency market, with my expectation that the Federal Reserve won't do it anytime soon at least. The Federal Reserve is preparing to announce its decision on interest rates tomorrow, and all eyes are on Powell. Will it be a hike, a cut, or just a temporary pause? Meanwhile, inflation shows...