Good day!
After the release of inflation data in the USA 👆 (expected 3.1%, but it came out at 3.0%) the market reacted immediately with growth - perceived as positive. Bitcoin jumped from 110k to ~116.5k, +5% in just a few hours. BTC dominance is in a sideways trend - and this allowed altcoins to breathe as well: capital flowed into both Bitcoin and altcoins.
Yesterday there was a correction, now it's sideways. Everyone is waiting for news.
❗️Today at 20:00 Kyiv time - the Fed's decision on the rate.
Most are betting on a decrease to 4% - if this happens, the market will likely remain calm or rise slightly (this is already priced in).
If they lower it to 3.75% - we expect a confident rise.
If (unlikely) they keep it as is - there will be a drop.
❗️BUT THE MAIN THING - it's not the decision itself, but Powell's speech at 20:30 at the press conference.
His words about future Fed steps, Trump's tariffs, inflation, and unemployment are what will really move the markets, including crypto.
Be on alert from 19:30 until the end of the press conference (~22:00).
Volatility may be harsh.
#BinanceTreding