FOMC bearishness has played out. The market has now returned to the box range. After briefly piercing support in an instant, buy-side demand stepped in to absorb the sell pressure; currently, there has been no effective breakout.
On the macro level, we are still trading the outlook for a gradual easing of negotiations over the situation in the Middle East. Expectations for a second rate hike are cooling down step by step. Don’t let intraday volatility with sharp spikes distract you. At this stage, the priority is to hold with peace of mind.
#btc #fomc #fed #trading #macro
On the macro level, we are still trading the outlook for a gradual easing of negotiations over the situation in the Middle East. Expectations for a second rate hike are cooling down step by step. Don’t let intraday volatility with sharp spikes distract you. At this stage, the priority is to hold with peace of mind.
#btc #fomc #fed #trading #macro