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#PI# Powell will dominate tonight!!!
On the eve of the interest rate meeting, the market is in turmoil! No one dares to take any action, and the Bitcoin market seems to be stagnant; however, the results will be announced tonight. Powell will give a speech at 2:30. Will this be a good sign?
According to the latest interest rate expectations, the probability of this rate cut is basically zero. So I hope that Trump’s pressure can make the brothers in this parliament sit down and not get too excited~ However, the focus of this meeting is to signal for the next one, starting the first rate cut of the year~ I feel the probability is still quite large.
I personally plan to lighten my position at highs. The few whales I am watching are all reducing their positions. There is a strong possibility that the market will correct in August!! #BTC# #ETH# #SOL#