This is the movement I expect to see on the Bitcoin side with the FED's interest rate decision.
The 107K region will be a quite significant retest area, and I think it will react from here; however, if the volume is insufficient, we might see the 100K region once again, but I do not expect anything lower.
The FED will not cut interest rates anyway; what is really important is Powell's upcoming speech in September. If a hesitant Powell signals one interest rate cut for the remainder of 2025, the markets will price it negatively. We will follow this speech together tomorrow.
Also, do not get caught up in the temporal deviation on the chart; I do not expect August to close with a decline, and even if there is a drop at the beginning, altcoins should revive towards the end.