Powell Holds BTC Hostage
$BTC is locked in the $90,000 consolidation box. The reason the $94,000 resistance ceiling remains impenetrable is simple: ETF inflows have stalled, leaving no fundamental momentum to break out. This isn't typical summer chop; this is the entire market holding its breath for the FOMC meeting. Tomorrow's outcome hinges entirely on Jerome Powellโs rhetoric. If the Fed signals hawkish intent, prepare for a violent flush down. If the tone softens, expect the $94K level to shatter instantly. The entire crypto complex, including $ETH, is sitting directly on the volatility event horizon.
Not financial advice.
#CryptoTrading #FOMC #BTC #Macro
๐ฅ

BTCUSDT
Perp
93,768.9
+3.92%