Bitcoin Faces Two Triggers of Major Volatility Tonight
Tonight, the market will see the release of Crude Oil Inventories, followed by the FOMC decision in the early hours.
U.S. oil stocks are projected to fall by 1.7 million barrels, after increasing by 2.01 million barrels in the previous week. If the actual result drops more than expected, energy demand could still be viewed as strong. However, rising oil prices could reignite inflation concerns, strengthening the DXY and yields, and then pressuring Bitcoin.
On the other hand, if oil inventories instead increase, the market may read it as demand starting to slow. Oil prices could weaken and the inflation pressure may ease. This scenario is more favorable for risk assets, especially if the DXY also declines.
But it’s important to understand that Crude Oil Inventories are different from the SPR. Changes in commercial stockpiles are also influenced by production, imports, exports, refinery activity, and seasonal factors. So a negative figure doesn’t always mean the economy is strong, and a positive figure doesn’t automatically mean the government will immediately add stimulus.
For the FOMC, the main expectation remains that interest rates will be kept unchanged. Still, the chance of a sudden rate hike is present. The biggest focus is not just the decision outcome, but also the statement by Fed Chair Kevin Warsh after the announcement.
The base case for Bitcoin is high volatility, with a correction risk first if Warsh comes across as hawkish and the DXY strengthens. Conversely, if rates are held alongside a more dovish tone, BTC has the potential to rebound and continue its rise.
Regarding BlackRock buying Bitcoin, it needs to be distinguished between the company’s own purchases and investor fund flows into the ETF. Money flowing into the ETF leads the manager to add BTC reserves, but that doesn’t mean BlackRock is buying using its own corporate funds.
For tonight, don’t rush to chase the first candle. Wait for the reaction in the DXY, bond yields, and confirmation of Bitcoin’s direction after the press conference concludes.
Follow Become a Trader for market updates and other trading insights.
FOMC Can Surprise, Crypto Traders Must Be Ready for Volatility
This week’s FOMC is getting harder to predict. After the market previously focused more on the chances of rate cuts, Citadel instead sees a scenario where interest rates could unexpectedly rise.
This scenario may not happen. However, expectations that run counter to the consensus can cause the market to swing wildly before the official decision is announced.
If the Fed really does raise interest rates, the dollar could strengthen and global liquidity may tighten again. Conditions like this typically put pressure on risk assets, including Bitcoin and altcoins.
July through September is indeed entering scary hours. Volatility is high, sentiment can change quickly, and a single statement from the Fed can flip the market direction within minutes.
So the focus isn’t just guessing the FOMC outcome. What’s more important is managing risk, avoiding excessive leverage, and preparing invalidation levels before entering a position.
Follow Become a Trader for market updates and other trading insights.
USDIDR again tests the 18.085 resistance. If the breakout is confirmed, the 18.450 area could become the next target. The pressure on the rupiah needs to be watched closely.
Whale Buys 7.1 Million ENA in One Go, Accumulation Signal Starting to Show?
A new wallet was spotted attracting around 7.1 million $ENA from Binance in less than 30 minutes. Its total value is estimated to reach US$600 thousand.
What makes this transaction interesting is that the wallet has almost no history of other activity. So far, the assets that have come in are only $ENA and all tokens are still being held.
Large withdrawals from an exchange usually indicate that the wallet owner does not plan to sell in the near term. Even so, one transaction is not enough to confirm that the price trend will immediately reverse upward.
The price $ENA is also still far below its 2024 peak level. This could be a reason why big players may start building positions when valuation is low and market sentiment isn’t too lively yet.
Traders need to monitor whether further accumulation appears from other wallets, an increase in buy volume, and the price’s ability to hold the support area. If a similar pattern continues, an opportunity for sentiment change could begin to form.
Follow Become a Trader for market updates and other crypto insights.
Beware! Nasdaq Starts Sending Correction Signals, Crypto Could Be Affected Too
The Nasdaq 100 has begun showing signs of weakening earlier than the S&P 500. Because this index is dominated by technology stocks, its movements often serve as an early indicator of shifts in market sentiment.
Pressure on the AI sector is also starting to rise. From new policies to increasing competition in China’s AI chip industry. If this sentiment continues, it’s not impossible that U.S. technology stocks could see a correction in the coming months.
For crypto traders, this situation is worth paying attention to. When tech assets weaken, risk assets like crypto often get impacted as investors tend to reduce exposure to risk assets.
Stay focused on risk management and don’t rush into decisions just because of short-term price movements. The market always offers opportunities for those who are patient and disciplined.
Follow Become a Trader for daily crypto news and insights.
Cash Reserve Proposal Rising, Bitcoin Remains the Main Strategy Weapon
Michael Saylor has again shared the latest update regarding Strategy’s financial condition. The company managed to increase its cash reserves by US$525 million, bringing its total cash holdings to US$3.75 billion.
At the same time, Strategy still holds 843,775 BTC as its main asset in its long-term strategy. The combination of large cash reserves and Bitcoin ownership has led the company to claim it has sufficient protection to support dividend payments for about 2.1 years ahead.
For crypto market participants, this move suggests that Strategy is not only focused on adding Bitcoin, but also maintaining liquidity so it stays strong amid dynamic market conditions. Strategies like this are often seen as a sign of high confidence in Bitcoin’s long-term prospects.
Follow to become a trader for daily updates on crypto and macroeconomics.
Global Markets Are Becoming Expensive. Big Opportunities Can Come During a Crash
Global market valuations are back in the spotlight. The Shiller CAPE ratio is again around 40x—levels close to the Dotcom Bubble era and far above the historical average.
Keep in mind that a high valuation does not necessarily mean a crash is certain to happen soon. However, the more expensive a market is, the greater the risk of a correction when sentiment changes.
For investors and traders, phases like this can actually be used to prepare strategies. Focus on building cash flow, maintaining discipline in accumulating capital, and don’t spend all your ammunition on prices that are already high.
If a major correction does happen, quality assets—such as stocks, crypto, and other investment instruments—can be traded at much more attractive valuations. Momentum like that is often a rare opportunity.
Markets always move in cycles. The most prepared are usually not the smartest, but those who have the capital and the patience when the opportunity truly arrives.
Follow Become a Trader for daily updates on crypto and macroeconomics.
Bitcoin Still Strong, So Why Do Many Altcoins Crash?
Lately, more and more altcoins have suddenly corrected. Many people immediately conclude that this is because of Bitcoin or a sign of a bear market. But in reality, it may not be that simple.
One of the factors that has started getting a lot of discussion is a change in market participants’ behavior after several exchanges faced pressure. Some projects and large token holders are believed to begin reducing their exposure on smaller exchanges. At the same time, retail investors have become more cautious because certain assets have limited liquidity.
On the other hand, the market is also showing signs of a shift in attention from CEX to DEX. When the market is quiet with no major catalysts, phases like this are often the beginning of new narratives.
Many traders fail to catch the assets that eventually become runners because they assume a new trend is just a momentary hype too quickly. In fact, every bull market cycle is usually kickstarted by new innovations or ecosystems that many people haven’t paid much attention to yet.
If later a new blockchain or ecosystem truly brings real change, don’t dismiss it just because it sounds too idealistic. Keep researching, understand the technology, and be ready to seize opportunities before it becomes the attention of everyone.
Follow Become a Trader to get crypto updates every day.
Rupiah Weakens After Bank Indonesia Governor Steps Down. What Are the Impacts for Crypto?
Indonesia’s financial market is back in the spotlight after news of the Bank Indonesia governor’s resignation. This sentiment immediately triggers rupiah weakness and draws the attention of international media.
Although the weakening is still relatively limited, a change in the leadership at the central bank can raise uncertainty in the market. Investors will look closely to see whether Indonesia’s monetary policy direction remains consistent or instead changes.
For crypto traders, conditions like this are worth monitoring. If pressure on the rupiah continues, volatility in risk assets may also increase. On the other hand, some investors may also start looking at alternative assets as a hedge.
The main focus now is not panic, but to observe market reactions and the next actions from Bank Indonesia.
Follow Become a Trader to get daily updates on crypto and macroeconomics.
FOMC July Getting Closer. Crypto Still Shrouded by Rate Hike Risk
The latest update from the FedWatch Tool shows the highest probability is still pointing to a rate pause, with a likelihood of around 65.8%. However, the chance of a rate increase is still quite significant at 34.2%, so the market still can’t fully settle.
Economic data from the United States throughout this month is still leaning toward strengthening the USD. If the Fed decides to raise interest rates, risk assets such as Bitcoin and altcoins could face greater pressure as liquidity may tighten again.
Apart from the FOMC, there are several other things worth monitoring. BitMEX and BitMart have announced the cessation of operations, while some other exchanges are still under pressure. On the regulatory front, the CLARITY Act has started to show progress after receiving support from various parties. A follow-up hearing is scheduled for August 7 and could become an important catalyst for the crypto industry.
For now, prioritize risk management and don’t rush to take large positions until the Fed’s policy direction is truly clear.
Follow to Become a Trader for daily crypto updates and market analysis.
FOMC Is Coming Soon. The Chance of a Rate Hike Is Still High, Crypto Must Stay Vigilant
The latest data from the FedWatch Tool shows the highest probability still points toward interest rates being kept unchanged. However, the chance of a rate hike is also still fairly high and should not be ignored.
If the Fed truly raises interest rates, risk assets such as Bitcoin and altcoins could face pressure as investors tend to move funds into safer assets. As a result, crypto volatility may increase in a short time.
Ahead of the FOMC decision, it’s best to avoid opening positions with sizes that are too large. Stay disciplined with risk management and prepare scenarios if the market moves beyond expectations.
Follow to Become a Trader for daily crypto updates and market analysis.
Strong mental strength is not talent. But the result of training every day.
Everyone wants big results. But few are willing to consistently do the small things.
Stop running from challenges. Learn from failure. Stay disciplined even when you don’t feel motivated. And make it a habit to evaluate instead of complaining.
A strong mindset will help you deal with pressure, make better decisions, and keep going when others choose to give up.
Save this post as a reminder. ❤️ Like if you agree. 📌 Follow Become a Trader for content about mindset, finance, and beneficial trading.
DEXE Still Has Hope, or Holders Just Aren’t Willing to Cut Loss?
DEXE was once one of the tokens that saw extraordinary gains. But after correcting more than 90% from its peak, community enthusiasm faded and its social activity dropped drastically.
Conditions like this often happen in the crypto market. When the hype is gone, many investors choose to hold on—not because they believe in the project’s fundamentals, but because they hope the price will one day return to its all-time high.
Even so, a price that has fallen doesn’t mean recovery is impossible. What you need to watch is how the ecosystem develops, developer activity, adoption, and market interest that starts picking up again. Without new catalysts, the recovery process is usually not easy.
If you’re still holding DEXE, do you think this is still a long-term opportunity or just hoping the price will bounce back? Share your opinion in the comments section.
Follow Menjadi Trader for daily crypto news and insights.
A lot of traders memorize terms like Order Block, FVG, Liquidity, BOS, CHoCH, Wyckoff, up to Elliott Wave.
But once you have to make decisions using your own money...
They hesitate.
Afraid to enter.
Afraid they’ll miss out if they don’t enter.
A small profit is closed too quickly.
A small loss is held onto.
The problem isn’t a lack of knowledge.
But too many traders don’t have a system.
They know the theory, but they don’t have data to prove their strategy really works.
That’s why I prefer trading based on a process, not just feelings.
In MT Journal, I can see Live Signals as a reference, record every trade, then evaluate performance using metrics like Win Rate, Profit Factor, Drawdown, and Expectancy.
Because in the end...
The traders who last aren’t the ones who know the most market terms.
But the ones who consistently make decisions based on data. $BTC