Yesterday’s rate-setting meeting concluded with rates held steady at 3.75% to 4%. The Fed announced that it would reduce the number of rate-setting meetings starting next year, so crypto markets will likely see greater volatility around those meetings. #pons launched on Robinhood Wallet yesterday, and its trading volume doubled. Metrics across the board are gradually improving, and it is slowly emerging from its slump. However, today #BTC pulled back again and fell below 80,000, while $PONS also surged before retreating. The sideways, choppy market expected over the next month may be suited to selling high and buying low: sell at 0.3–0.35 and buy on dips near 0.22. This basing period is estimated to last about a month. $BTC is repeatedly falling below 80,000 and is showing weakness. If a major negative catalyst hits the market unexpectedly, it could trigger a wave of liquidations. Not sure whether that will happen next month, but if it does, it could be a chance to add to my BTC position.

#marscoin is the weakest of my three holdings and hit another new low today. I’ll leave buy orders at 0.05–0.06 to keep adding to the position. #Stonk is showing relative strength, so I’ll leave it alone for now.