With Fed Chair Jerome Powell set to speak at the Jackson Hole Symposium, markets are in a rare calm. Volatility has slipped to multi-year lows, but under the surface, tension is building.
Traders are largely pricing in a 25 bps rate cut in September, though some analysts warn the market may be too relaxed given persistent inflation pressures and ongoing trade uncertainty.
đ Market Snapshot
BNB Price: $831.60
24h Change: -1.53%
The big question: will Powellâs remarks act as a stabilizerâor a shockwaveâfor risk assets like crypto?
đ Levels to Watch
Support: $818.57 â $600
Resistance: $847.85 â $1000
BNB is trading right in the middle of its range. Powellâs tone could be the catalyst that decides the next breakout or breakdown.
đŹ Join the Conversation
Whatâs your takeâwill Powellâs speech give markets the green light to rally, or will he remind traders that inflation isnât beaten yet?
Drop your insights below and letâs track the reaction together.
(Visual: A chart overlay showing low volatility with BNBâs price action highlighted in the background.)
#PowellWatch #CryptoMarkets #BNB