🚨 FOMC NIGHT — THIS IS THE TIME
The markets have been looking forward to this for several weeks, and tonight the expected announcement has finally arrived:
A reduction of 0.25% in USD interest rates.
This is the first distinct indication of a shift in policy during this cycle.
Lower interest rates mean less expensive capital, leading to increased liquidity and a greater appetite for risk.
Typically, cryptocurrency responds the quickest.
Possible effects on the market include:
Bitcoin: Prepare for significant fluctuations. Important levels to keep an eye on are 89K acting as support and 94K serving as resistance.
BTCUSDT
Perp
90,190.2
-1.86%
Ethereum: Currently sitting just beneath a vital resistance area. The outcome of tonight could influence the upcoming major trend.
ETHUSDT
Perp
3,191.43
-4.10%
Altcoins: A shift is probable. Liquidity often follows momentum, and it travels quickly.
SOLUSDT
Perp
131.11
-4.52%
Whether we witness a clear upward breakout or a sudden stop-hunt…
The events of tonight could shape the market's direction for the entire month of December.
Are you prepared for the policy change?
#FOMC #MarketUpdate #BTC #ETH