โจ Good Weekend, Traders! โจ
๐ The probability of a 25 bps rate cut at the upcoming FOMC meeting (Sept 16โ17) is now hovering between 85%โ90%. Markets are already pricing in this easing move โ futures curves and trading systems reflect strong expectations.
๐ฌ Supportive statements from the US Treasury and backing from several Fed officials have only added fuel, putting more pressure on the Fed to deliver.
๐ฅ What This Means:
Weโre approaching a liquidity inflection point. Once easing kicks in, it could become the core driver behind rallies in mainstream assets.
๐ Crypto Market Outlook:
Bitcoin (BTC) and Ethereum (ETH) have already completed their corrections โ
Current prices sit within a healthy medium-to-long term range๐
Selling pressure looks absorbed, opening the door for a stronger uptrend ๐