Good morning☀️

Today is a critically important day for the markets. Both GDP data for Europe and the US will be announced today, along with the FED's interest rate decision in the evening.

The correlation between $BTC and the S&P 500 remains extremely high. The cryptocurrency market is progressing in a very similar manner to the US stock markets.

Therefore, as long as the correlation remains high, we need to monitor all significant data that could impact the US stock markets and act according to the S&P 500's reaction.

The FED is likely to keep the interest rate unchanged with a 99% probability. Therefore, what is most important for us will be the announcements from Powell at 21:30.

Due to the high correlation, don't forget to closely monitor the S&P 500 on such critical days, friends. I will keep you updated in real-time regarding the interest rate decision in the evening.

Wishing everyone a great day and plenty of profits.