Big news tonight: the Federal Reserve interest rate decision hits at 2:00 AM!

Even today’s early session is still predicting that a rebound will come in the evening—so you can hold your long positions from last night steady and firmly!
And this is where the profit comes in;
After the rate decision lands, it becomes a Labor Day on a global scale, followed by another round of traditional financial market closures worldwide—when the crypto market gets to dance alone;
This week, there have been some small positive developments hinting at the US-Iran conflict, so during the May Day holiday, there’s still market action you can look forward to!
The biggest impact of tonight’s rate decision is actually on the U.S. Dollar Index—this is what FX traders are focused on—followed by gold, and then crude oil, and only then does it come around to the crypto market;
So if tonight, before the decision is finalized, BTC keeps stabilizing continuously above 77,500, then the odds of needle-like volatility increasing are higher; if it finishes a pullback and tests support early, then after the announcement, the probability of pushing higher again to test the resistance level is high; as for the probability of a breakdown and a sharp crash below support that many people are expecting—based on my current judgment, I don’t really agree with that!
#Federal Reserve interest rate decision coming soon