The Federal Reserve’s July policy meeting lands early Thursday morning. About 70% of the market expects the interest rate to remain unchanged, but overall pricing is tilted more toward contractionary policy. Several officials may voice dissent and support a rate hike. Combined with the U.S.-Iran geopolitical situation that is pushing inflation higher, the Fed is very likely to stay hawkish. Meanwhile, the central bank has reduced forward guidance, making the news flow more ambiguous; early-morning asset volatility may be amplified. Pay close attention to the decision at 2:00 a.m. and the Chair’s remarks at 2:30 a.m. Everyone, manage your allocation/positioning #BTC #ETH #BTC走势分析