Most eyes are glued to the Fed meeting today, but if you look closer, the market is flashing a rare signal that only appears before major moves.
While retail traders are panicking (Fear & Greed Index is stuck in "Extreme Fear" at 23), the price of Bitcoin is quietly climbing back above $91,000.
This is a "Bearish Sentiment / Bullish Price" Divergence.
The Crowd: "It's a bull trap! Sell before the Fed crashes it!" ๐ฑ
The Smart Money: MicroStrategy just scooped up 10,624 BTC ($1B) under our noses. ๐ณ
The Setup for Today (Dec 10):
1๏ธโฃ The "Fed Pivot" Catalyst ๐ฆ The FOMC decision drops today. Markets are pricing in a 25bps cut.
Scenario A (Bullish): A cut + dovish Powell = Instant liquidity injection. We likely smash the $92,500 sell wall and target $95k immediately.
Scenario B (Bearish): A "hawkish hold" or surprise pause. We re-test the $88k demand zone.
2๏ธโฃ The Technical Reset ๐๐ The 4-hour RSI has reset from "overbought" back to neutral territory while price stayed high. This suggests the bulls have recharged their batteries without crashing the price.
๐ฏ Key Levels to Watch:
Resistance: $92,500 (The "Breakout" Line)
Support: $88,000 (The "Buy the Dip" Zone)
Invalidation: A daily close below $84,200 kills the structure.
๐ก My Strategy: I am not front-running the Fed. I am waiting for the 1-hour candle close after the announcement.
Above $92.5k? Long.
Rejection at $92k? Wait for $88k.
๐ What's your play for the Fed meeting today? A) All in Long ๐ B) Shorting the News ๐ C) Sitting on hands ๐ฟ
