Fed day again. And the rate isn’t the story. 👀
The market has already priced in a hold at 3.75%-4.00%, with odds around 90%. So the decision itself shouldn’t surprise anyone.
What matters is how Warsh sounds at the press conference. After September’s hike, he said inflation has been “too high for too long.” If he treats a December hike as a real option, yields and the dollar push up, and $BTC usually feels it first. Altcoins tend to feel it harder.
If he softens the tone, risk assets get room to breathe.
My take:
Don’t chase the first five minutes after the statement. That move is often noise. The real direction usually shows up during the Q&A and the next US session. Keep leverage light and let the market show its hand.
$BTC
$XAU
#FOMCWatch
#Market_Update
#Fed
#cpi
The market has already priced in a hold at 3.75%-4.00%, with odds around 90%. So the decision itself shouldn’t surprise anyone.
What matters is how Warsh sounds at the press conference. After September’s hike, he said inflation has been “too high for too long.” If he treats a December hike as a real option, yields and the dollar push up, and $BTC usually feels it first. Altcoins tend to feel it harder.
If he softens the tone, risk assets get room to breathe.
My take:
Don’t chase the first five minutes after the statement. That move is often noise. The real direction usually shows up during the Q&A and the next US session. Keep leverage light and let the market show its hand.
$BTC
$XAU
#FOMCWatch
#Market_Update
#Fed
#cpi
