There will be big moves tonight! The new Federal Reserve Chair Powell's debut, Wall Street is already arguing among itself!


Everyone pay attention, tonight is the first appearance of the new Fed Chair Powell! Currently, major institutions are predicting completely different outcomes: Goldman Sachs says the market will definitely jump around tonight, and the bond market even thinks there might be a rate hike; but surprisingly, some big players are betting he will secretly cut rates by 50 basis points! A battle of gods, let's not be cannon fodder.
How do Bitcoin (BTC) and Ethereum (ETH) look?
$BTC : Most likely tonight will be a "pinning" shakeout up and down. If Powell's speech leans hawkish (no easing), the 66,500 support level must be defended at all costs; if he unexpectedly signals dovishness, the market will head straight for 70k.
$ETH : The volatility will definitely be much more intense than Bitcoin, with swings estimated to be about 30%. Around 3,400, don’t blindly buy the dip or chase short positions, as it’s very easy to get caught out.
A word of advice: before 8:30 tonight, absolutely control yourself! Don’t gamble on big or small moves. After Powell finishes speaking and the market reveals its true direction with real money, then we can follow and eat big gains. The bigger the storm, the more we need to follow commands!
BTC0.22%
ETH1.00%
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