The Federal Reserve interest rate decision comes tonight, and based on current market expectations, it’s more likely that they will not raise rates / keep rates unchanged. However, the market is already worried about further leaning hawkish later on. If rates are kept unchanged, the speech is likely to be milder and more supportive of a rise.
If the Fed doesn’t raise rates and emphasizes that inflation is cooling and that they will decide based on incoming data going forward, the market will interpret it as easing pressure. In that scenario, BTC and ETH are likely to rebound, and risk sentiment may improve.
The market indicates that the probability of the July 29 meeting maintaining rates is about 60%, while the probability of a rate hike is slightly over 30%. Tonight, our goal is to see 680—this isn’t too much $BTC
#SK海力士韩股重挫19%
If the Fed doesn’t raise rates and emphasizes that inflation is cooling and that they will decide based on incoming data going forward, the market will interpret it as easing pressure. In that scenario, BTC and ETH are likely to rebound, and risk sentiment may improve.
The market indicates that the probability of the July 29 meeting maintaining rates is about 60%, while the probability of a rate hike is slightly over 30%. Tonight, our goal is to see 680—this isn’t too much $BTC
#SK海力士韩股重挫19%