Wait did $LUNA just flash a sneaky signal? Zooming in on the 1-hour here, things are getting interesting. We saw $a solid bounce off the $0.1567 low from yesterday. That's acting as strong psychological support right now. The price action tried to reclaim the $0.2075 area, but the sellers stepped in hard, sending it back down to the current $0.1816 range. Volume looks pretty normal on this recent drop, So it's not a panic dump, just profit-taking or people de-risking over the weekend. The red candle closing where it is suggests we might test that $0.1709 zone next if buyers don't step in soon. If $0.1709 breaks, we could be looking at a re-test of the $0.1567 floor. Key thing to watch: Can it hold $0.18? A quick wick up past $0.192 could signal a reversal attempt. Right now, it's a tight spot.#LUNA #LUNC
WHAT HAPPENED: The Fed just announced they will START BUYING shorter-term Treasury securities again after years of reducing their balance sheet (QT).
KEY POINTS: ✅ Fed confirmed: "Reserve balances have declined to ample levels" ✅ Will purchase T-Bills "as needed" to maintain reserves ✅ This marks END of Quantitative Tightening era ✅ Purchases begin on ongoing basis
WHAT THIS MEANS: 📈 Liquidity injection incoming 📈 More supportive for risk assets 📈 Potential USD weakness 📈 Bullish signal for crypto markets
This is a significant shift from the balance sheet reduction we've seen since June 2022!