๐จ MAIN EVENT OF THE DAY: TODAY AT 21:00 THE FED DECIDES THE MARKET'S FATE!
Friends, we're in for a historic evening. At 21:00 Moscow/Kiev time, the decision on the interest rate will be announced, and for the first time, the new Fed chair will be taking the stage!
What to expect from the 'newbie'? ๐ค
What exactly he will pull off is hard to predict, but one thing we know for sure: there won't be any rate cuts today (no matter how much he might want to raise it!). However, the new chair is a Trump appointee, and it's unlikely he'll take a hard stance and shock the markets on his very first meeting.
๐ TECHNICAL ANALYSIS ON BTC
While geopolitics (headlines about the conflict between Israel and Iran) is shifting sentiment towards risk, a clear picture is forming on the BTC chart ahead of the FOMC:
โ The $67,255 level has been rejected twice. (By the way, I hinted at the short idea earlier, and it's already bringing in great profits! ๐ฐ)
โ ๏ธ Trend strength is weakening. The current move is towards $65,100. If we lose this level, the next strong support zone will be $63,500 โ $62,500.
๐ Bearish scenario cancellation: only if the daily candlestick closes above $67,255. This would signify a true breakout of the range and a resumption of active buying.
๐ก EVENING STRATEGY
At the moment of data release, volatility will be off the charts. Our plan is simple and reliable:
Reduce your risks. Only take small positions.
Don't guess. Market decisions will be made based on the actual price reaction after the news release, not on blind forecasts.
Let's turn on notifications and keep an eye on developments! ๐๐ฅ
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