The Fed meeting minutes are about to be released. Will bulls and bears clash in a major battle?
The market broadly expects extreme volatility tonight, with a high chance of sharp wicks in both directions—no matter where prices ultimately close, one side is bound to take a serious hit.
Most people don’t dare to bet on one direction or take large positions. They’re choosing to sit on the sidelines and wait for things to settle before entering, worried about getting whipsawed.
At times like this, leverage is especially dangerous. If you’re heavily positioned, first consider whether you can withstand an extreme wick. If you’re flat, there’s no need to rush—the opportunity won’t disappear overnight.
The choppier the market gets, the more valuable it is to stay calm rather than act fast.
$BTC $ETH #BTC #FOMC
The market broadly expects extreme volatility tonight, with a high chance of sharp wicks in both directions—no matter where prices ultimately close, one side is bound to take a serious hit.
Most people don’t dare to bet on one direction or take large positions. They’re choosing to sit on the sidelines and wait for things to settle before entering, worried about getting whipsawed.
At times like this, leverage is especially dangerous. If you’re heavily positioned, first consider whether you can withstand an extreme wick. If you’re flat, there’s no need to rush—the opportunity won’t disappear overnight.
The choppier the market gets, the more valuable it is to stay calm rather than act fast.
$BTC $ETH #BTC #FOMC