Bitcoin touched $81,800 while ETH is pushing toward $2,400. The market's now pricing in a 94% probability of no rate hikes today.
This is classic pre-Fed positioning — liquidity expectations drive risk assets up before the actual announcement. The rate hike probability dropping to 6% signals the market believes the tightening cycle is either paused or done.
What matters next: the Fed's forward guidance and Powell's tone. If they hint at potential cuts in 2024, we could see another leg up. If they stay hawkish on inflation data, this rally might be short-lived.
Watch how $BTC holds above $80k and whether $ETH can reclaim $2,400 as support. These levels will tell us if this is sustainable momentum or just a relief bounce before the next macro repricing.
This is classic pre-Fed positioning — liquidity expectations drive risk assets up before the actual announcement. The rate hike probability dropping to 6% signals the market believes the tightening cycle is either paused or done.
What matters next: the Fed's forward guidance and Powell's tone. If they hint at potential cuts in 2024, we could see another leg up. If they stay hawkish on inflation data, this rally might be short-lived.
Watch how $BTC holds above $80k and whether $ETH can reclaim $2,400 as support. These levels will tell us if this is sustainable momentum or just a relief bounce before the next macro repricing.
