The Federal Reserve has confirmed this time that it will not cut rates.



What does that mean? There won’t be more money in the market; instead, it will be even tighter. High-risk assets like Bitcoin and Ethereum will be the first to take the hit.

There’s definitely no rate cut in April, and the odds of a rate cut in June are now less than even half. In a high interest-rate environment, where would any upside momentum in the crypto market come from?

Earlier, everyone was hoping that rate cuts and “liquidity pouring in” would pull the market up—but those expectations have now been completely dashed. BTC has been smashed down from its highs; ETH is falling along with it, and altcoins are even more miserable.

Right now, both BTC and ETH are typical “drop-continuation” assets. Every time there’s a rebound, it’s really just handing short sellers better entry points!

In terms of trading:

· Don’t randomly buy the dip, and don’t chase shorts
· Trade major coins back and forth within a range: short when price rebounds to the resistance level, and lightly go long when it pulls back to the support level
· Be sure to set stop-losses—don’t hold positions while they bleed

In a high interest-rate environment, everyone is moving money to safe havens. Don’t expect a big move—staying alive and waiting for a rate-cut signal is the real way.
$BTC $ETH
BTC-1.01%
ETH0.06%
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