Powell Hints at Policy Turn Rate Easing Looms Ahead
The Federal Reserve may be changing course as Chair Jerome Powell shifts focus from taming inflation to supporting a cooling economy and softening labor market.
Macro Update:
Powell’s remarks signal the Fed’s openness to rate cuts, with futures markets pricing in a 97% probability of a 25bps cut in October. The anticipated halt to Quantitative Tightening (QT) suggests an upcoming boost in liquidity a development that often favors speculative assets like Bitcoin and Ethereum.
Technical Landscape:
$BTC : Key floor at $110k resistance at $116K–$117K, next bullish target near $120k
$ETH : Holding $4,120 support, eyeing $4,310–$4,360 resistance, with potential to extend toward $5,000.
Market Takeaway:
With monetary policy turning dovish, risk assets could see renewed momentum. Caution remains warranted, but conditions may favor measured, low-leverage trades as liquidity flows back into the system.
Opportunity often rides the liquidity wave keep an eye on BTC and ETH movements across major exchanges like Binance this week.
The Federal Reserve may be changing course as Chair Jerome Powell shifts focus from taming inflation to supporting a cooling economy and softening labor market.
Macro Update:
Powell’s remarks signal the Fed’s openness to rate cuts, with futures markets pricing in a 97% probability of a 25bps cut in October. The anticipated halt to Quantitative Tightening (QT) suggests an upcoming boost in liquidity a development that often favors speculative assets like Bitcoin and Ethereum.
Technical Landscape:
$BTC : Key floor at $110k resistance at $116K–$117K, next bullish target near $120k
$ETH : Holding $4,120 support, eyeing $4,310–$4,360 resistance, with potential to extend toward $5,000.
Market Takeaway:
With monetary policy turning dovish, risk assets could see renewed momentum. Caution remains warranted, but conditions may favor measured, low-leverage trades as liquidity flows back into the system.
Opportunity often rides the liquidity wave keep an eye on BTC and ETH movements across major exchanges like Binance this week.