The dollar's showing signs of stabilization as traders position themselves ahead of the upcoming Federal Reserve meeting. Market participants are clearly holding their breath, waiting to see what signals the Fed will send about monetary policy direction.

This kind of pre-meeting consolidation is typical—everyone's trying to read the tea leaves before the official announcement drops. Will they maintain their hawkish stance or hint at a pivot? That's the million-dollar question right now.

For crypto traders, this matters more than some might think. Dollar strength or weakness directly impacts risk asset appetite, and we've seen how quickly sentiment can shift in digital asset markets when macro winds change direction.