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OG Crypto Trading
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OG Crypto Trading

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WHY HAVEN’T MARKETS FALLEN AFTER THE FED’S DECISION? 🧐 A full day has passed since the Fed’s decision, and the markets are still holding up.  💁 My take: the market was crowded with shorts and loaded with expectations that a rate hike would send prices down. Once the news came out, larger players may have started buying the dip. Crypto has barely moved lower. It’s surprising how strongly $BTC is holding up against gold, and how well $ETH is holding up against $BTC . Some alts are even moving higher. My theory is that markets may be kept from falling too sharply ahead of the November 3 US elections. The rate hike is the setback for Trump, who promised to bring rates down to 1%. A sharp market decline would hardly be welcome in the White House. Eventually, that strength may have to be reconciled - but we’ll see which way it goes. I’m waiting for the market to show its hand before opening new trades. {future}(BTCUSDT)
WHY HAVEN’T MARKETS FALLEN AFTER THE FED’S DECISION? 🧐

A full day has passed since the Fed’s decision, and the markets are still holding up.

💁 My take: the market was crowded with shorts and loaded with expectations that a rate hike would send prices down. Once the news came out, larger players may have started buying the dip.

Crypto has barely moved lower. It’s surprising how strongly $BTC is holding up against gold, and how well $ETH is holding up against $BTC . Some alts are even moving higher.

My theory is that markets may be kept from falling too sharply ahead of the November 3 US elections. The rate hike is the setback for Trump, who promised to bring rates down to 1%. A sharp market decline would hardly be welcome in the White House.

Eventually, that strength may have to be reconciled - but we’ll see which way it goes.

I’m waiting for the market to show its hand before opening new trades.
🎙️ TRADING FUTURES LIVE
avatar
End
36 m 44 s
629
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GRAMUSDT
Position
-0.01%
3
0
🎙️ TRADING FUTURES LIVE
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End
01 h 03 m 46 s
1k
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ZECUSDT
Position
-0.01%
4
0
Yes. All my best trades in your dms
Yes. All my best trades in your dms
ABDIASGOOD
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is it really worth it OG??
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