Just in: President Trump is expected to announce the new Federal Reserve Chair today, along with confirming fresh interest rate cuts later this evening at 6:10 PM ET. Markets are already shifting ahead of the announcement, and traders are preparing for an active session. Many are positioning early because an aggressive rate-cut tone could spark a high-volatility move, especially across Bitcoin and liquidity-sensitive altcoins. Lower interest rates usually weaken the dollar, open up liquidity, and push capital into risk assets. For crypto, that often translates into upward price movement, stronger momentum, and sharp squeezes as shorts unwind.

Bitcoin liquidity bands have been tightening through the week, and traders believe a breakout could trigger a rapid upside expansion. Several altcoins with strong on-chain and futures volume such as SUI, TAO, KAS, and SOL may react immediately if liquidity inflow accelerates. Futures traders have already begun reducing shorts, suggesting early squeeze-style positioning. If the announcement leans dovish or signals a strong easing path into early 2025, the reaction could be big and immediate.

This decision may set the tone for the next major market move. Keep charts open, manage risk tightly, and expect fast moves once the announcement lands.