Binance TG Community

🚨 HIGH ALERT ‼️ PLEASE DON’T TRADE BLINDLY FOR THE NEXT HOUR 🚨 Guys, we have FOMC Minutes coming in less than 1 hour. And after the kind of volatility we already saw today, I really don’t want anyone opening random high-leverage positions just before this release. The biggest reaction I’m watching will be in Gold (XAU), Silver (XAG), BTC and ETH. Then coins like SOL and other highly leveraged mid/low-cap alts can exaggerate whatever move BTC makes. Gold and Silver are especially sensitive tonight because the market is already reacting to the US dollar + Treasury yields, and both metals have been under heavy pressure ahead of the Fed minutes. Briefly speaking 📉Hawkish Fed Minutes → Dollar/yields can push higher → pressure on BTC, crypto, Gold & silver 📈Dovish Fed Minutes → Dollar/yields can cool → BTC, Gold, Silver and risk assets can bounce hard. And please remember the first candle can be a trap. We can get a pump, immediate dump, liquidations on both sides, and then the real direction. So for now, protect your positions, reduce unnecessary leverage and don’t FOMO into the first move. Tonight I’m watching $XAU , $XAG and $BTC first. These will tell us very quickly how the market is reading the Fed. I will Update you guys on time Follow @Panda Traders and Turn on Your notifications right now #FedMinutesFocusOnOctoberPause