Fed rate hike odds spiked to 50% on hot inflation, now cooling. But the damage is done for crypto. 📉
$BTC down 2.81%, $ETH crushed 5.52%. When equities markets move this hard (Kospi -8%), crypto follows like a puppy. I'm watching whether that 50% hike bet fully deflates or stays sticky. 🔍
If it does, we're range-bound until the actual Fed decision. The real risk: fear gauge still neutral at 53. That means no panic selling yet. When it drops below 30, that's when smart money usually steps in. 💡
Are we bottoming here or is there another leg down? 🤔
#Bitcoin #CryptoNews
$BTC down 2.81%, $ETH crushed 5.52%. When equities markets move this hard (Kospi -8%), crypto follows like a puppy. I'm watching whether that 50% hike bet fully deflates or stays sticky. 🔍
If it does, we're range-bound until the actual Fed decision. The real risk: fear gauge still neutral at 53. That means no panic selling yet. When it drops below 30, that's when smart money usually steps in. 💡
Are we bottoming here or is there another leg down? 🤔
#Bitcoin #CryptoNews