📣 #FOMCMeeting — An event that determines the market's direction.
Today, the attention of the entire financial world is focused on the meeting of the U.S. Federal Open Market Committee (FOMC). This is a key event that often triggers massive movements in the crypto market.
🪙 What is being decided at the FOMC?
The committee decides on:
• Federal Funds Rate,
• Monetary policy (QE/QT),
• Forecasts regarding inflation, the labor market, and GDP.
📉 How does this affect the crypto market?
✔️ Rate hike — strengthening the dollar, risk of falling BTC and other assets.
✔️ Keeping or lowering the rate — a signal for buying, potential market growth.
✔️ Hawkish comments (tight policy) — markets are nervous.
✔️ Past statements (soft policy) — risk appetite increases, including for crypto.
📊 What is the market already expecting?
Futures on rates suggest a likelihood of maintaining the current level. But the main intrigue lies in the economic forecasts (dot plot) and Powell's comments.
🧠 What should traders do?
1. Monitor the timing of Powell's speech.
2. Avoid large trades before the decision publication.
3. Set stops.
4. Consider volatility and the potential for false breakouts.
5. Stay cool-headed — FOMO and panic are harmful.
📍 When to expect the statement?
🕒 FOMC will announce the decision at 21:00 Kyiv time (EET)
🗣 Jerome Powell's press conference — at 21:30
💬 Write in the comments: BTC to $70K or $60K after FOMC?
📈 Trade smart. Information is your main asset.