On the eve of the FOMC, capital is rushing into AI, while the crypto market is watching from the sidelines.
BTC is at 80,300, grinding along the lower end of the 80,000–87,000 range for the past month. Meta has raised $95 billion, Anthropic has filed for an IPO, and AI is siphoning off liquidity. The good news is that spot ETFs saw $110 million in inflows on Monday; Strategy paused buying, but Strive bought 6,182 coins.
Another bright spot: Ripple received final approval for a U.S. national trust bank, and $XRP 24h is up 1.4% to 1.31. In a weak market, that counts as strong.
My view:
1. The policy decision from tonight through tomorrow is very likely to remain unchanged (the market is pricing in about 90% odds); the key is the wording.
2. $BTC Holding 77,700–79,100 without breaking down means range-bound trading; a break below points to 77,000, while only a move above 82,500 would turn it stronger.
3. $ETH 2334 Follows the broader market; there is no independent logic.
Do you think after the FOMC, 82,500 breaks first, or 77,000 breaks first?
#BTC #FOMC
Personal opinion only, not investment advice.
BTC is at 80,300, grinding along the lower end of the 80,000–87,000 range for the past month. Meta has raised $95 billion, Anthropic has filed for an IPO, and AI is siphoning off liquidity. The good news is that spot ETFs saw $110 million in inflows on Monday; Strategy paused buying, but Strive bought 6,182 coins.
Another bright spot: Ripple received final approval for a U.S. national trust bank, and $XRP 24h is up 1.4% to 1.31. In a weak market, that counts as strong.
My view:
1. The policy decision from tonight through tomorrow is very likely to remain unchanged (the market is pricing in about 90% odds); the key is the wording.
2. $BTC Holding 77,700–79,100 without breaking down means range-bound trading; a break below points to 77,000, while only a move above 82,500 would turn it stronger.
3. $ETH 2334 Follows the broader market; there is no independent logic.
Do you think after the FOMC, 82,500 breaks first, or 77,000 breaks first?
#BTC #FOMC
Personal opinion only, not investment advice.