At 8:30, Powell is about to speak, and combined with recent 'resignation rumors' and 'corruption allegations', the market nerves are already on edge. BTC and ETH have been consolidating for days, the market is suppressed, and sentiment is at a critical point; tonight's speech may become the catalyst.
If the wording is dovish and signals easing, it is possible that the market will quickly price in interest rate cut expectations.
What needs to be prepared may be the opportunities brewing in this uncertainty.
