$ETH Keep a close eye on the Fed minutes at 2 a.m. tonight!
Let me make this clear upfront: there’s a good chance tonight’s minutes will sound bearish.
Don’t forget, the Fed just raised rates by 25 basis points in September, and its stance at the time was already pretty hawkish. Although these minutes reflect what officials were thinking back then, if they reveal that many still wanted to keep raising rates, the market is bound to get nervous again.
More importantly, the market has already been fragile lately. Risk assets like $BTC and $SOL could easily continue falling if they face fresh negative news.
So my game plan for tonight is simple: don’t rush to buy the dip; treat any rebound as a chance to sell!
If the minutes are even more hawkish than the market expects, bears could take over fast.
Keep an eye on the market tonight. Any rebound could be an opportunity—don’t foolishly try to catch a falling knife.
I’ll keep tracking the data and price action. I’ll share the latest entry and take-profit ideas in the chatroom as soon as they’re available.
Until the market settles down, I’d rather make a little less than rush in and get stuck holding the bag!
#BinanceLaunchesBinanceIntelligence #DubaiVARAIssuesReserveAssetAuditCircular
Let me make this clear upfront: there’s a good chance tonight’s minutes will sound bearish.
Don’t forget, the Fed just raised rates by 25 basis points in September, and its stance at the time was already pretty hawkish. Although these minutes reflect what officials were thinking back then, if they reveal that many still wanted to keep raising rates, the market is bound to get nervous again.
More importantly, the market has already been fragile lately. Risk assets like $BTC and $SOL could easily continue falling if they face fresh negative news.
So my game plan for tonight is simple: don’t rush to buy the dip; treat any rebound as a chance to sell!
If the minutes are even more hawkish than the market expects, bears could take over fast.
Keep an eye on the market tonight. Any rebound could be an opportunity—don’t foolishly try to catch a falling knife.
I’ll keep tracking the data and price action. I’ll share the latest entry and take-profit ideas in the chatroom as soon as they’re available.
Until the market settles down, I’d rather make a little less than rush in and get stuck holding the bag!
#BinanceLaunchesBinanceIntelligence #DubaiVARAIssuesReserveAssetAuditCircular
