If you’re still chasing $BTC right after FOMC candles, stop now.
That reaction trade has been punishing late entries. Traders FOMO into the first bounce, then get trapped when the real move extends lower.
So far, $BTC is down 2.8% since FOMC. That may feel “not too bad,” but history says the move may not be finished. In 6 of the last 7 similar cases, the average post-FOMC drop was around 4-5%, which puts the 60K-61K zone firmly in play.
The bullish side says this is just a normal macro shakeout before continuation, especially if 60K holds and $ETH or $SOL start showing strength. But I lean cautious here. If $BTC loses 60K cleanly, the market likely sweeps the lows before any serious recovery attempt.
Is this just another FOMC dip to buy, or are we about to see a deeper liquidity sweep?
#BTC #CryptoTrading #MacroInsights
That reaction trade has been punishing late entries. Traders FOMO into the first bounce, then get trapped when the real move extends lower.
So far, $BTC is down 2.8% since FOMC. That may feel “not too bad,” but history says the move may not be finished. In 6 of the last 7 similar cases, the average post-FOMC drop was around 4-5%, which puts the 60K-61K zone firmly in play.
The bullish side says this is just a normal macro shakeout before continuation, especially if 60K holds and $ETH or $SOL start showing strength. But I lean cautious here. If $BTC loses 60K cleanly, the market likely sweeps the lows before any serious recovery attempt.
Is this just another FOMC dip to buy, or are we about to see a deeper liquidity sweep?
#BTC #CryptoTrading #MacroInsights