*TODAY IS A BIG DAY FOR CRYPTO*
FOMC rate decision at 2:00 PM ET.
Warsh press conference at 2:30 PM ET.
Markets are pricing a 93.4% chance of a pause and 6.6% chance of a hike.
Two scenarios:
• If Warsh sounds dovish, we pump.
• If he hints at more hikes, we dump.
Expect volatility.
FOMC rate decision at 2:00 PM ET.
Warsh press conference at 2:30 PM ET.
Markets are pricing a 93.4% chance of a pause and 6.6% chance of a hike.
Two scenarios:
• If Warsh sounds dovish, we pump.
• If he hints at more hikes, we dump.
Expect volatility.
