The FOMC just finished crashing the market, and BICO immediately surged; my long position actually became insurance.

$BICO hovered around 0.0226 all day, before the FOMC, everyone was saying just wait to get liquidated. I didn't quite believe it, but I thought at this level with 8x leverage, contract funding rates low, and liquidation price far away, it was manageable.

I was just thinking, even if I lose, it’s only a few points, I’ll accept it.

And then.

The FOMC statement removed the phrase “further interest rate adjustments,” and the dot plot indicated a rate hike in 2026. As soon as the news came out, $BTC dropped below 63,000, causing over $400 million in liquidations across the network.

My BICO long also got hit, dropping to around 0.0208, with an unrealized loss of nearly 8 points.

My hands were really trembling at that moment.

When $BTC fell to 63,000, someone in the market was shouting “Bitcoin will return to 50,000,” and the group was all cursing the Federal Reserve. I looked at BICO’s candlestick chart; it just followed the market with a spike, not really breaking through with volume.

After that spike hit 0.0208, it immediately rebounded within 15 minutes to above 0.022.

I let out a sigh of relief.

Today, BICO surged to around 0.024, and my 8x leveraged position was now showing an unrealized loss close to 6 points. ETF funds kept flowing in, some institutional players like IBIT were still accumulating chips, and after the FOMC’s hawkish stance was fully priced in, the market was actually more stable than expected.

For a clone coin like BICO to withstand a $400 million liquidation wave shows there’s big money eating up the dips. The spike without volume was just a fake move.

Next time before the FOMC, I might dare to do the same again.

Do you think this FOMC dump was really about deleveraging, or was it big money shaking out the weak hands?
#我的Gate交易时刻 #预测世界杯德国VS科特迪瓦 #持有USD1即享收益