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🔥 The “super week” is here—be sure to keep a close eye on two things tonight
Everyone, the next 48 hours will be the most critical of the year for the crypto market. The crypto world is about to change.
① Tomorrow afternoon: The U.S. Senate votes on crypto industry legislation
The CLARITY Act will set rules for the $2.3 trillion market. Trump just softened his stance over the weekend, so passage would be a major bullish catalyst, while a stall would trigger a pullback. The probability of passage has already risen from 10% to 30%.
② 2 a.m. the day after tomorrow: The Fed’s interest rate decision
The probability of a 25-basis-point hike has reached as high as 87%, so it is basically priced in. But what will really determine whether prices rise or fall is not “whether they hike,” but whether Powell sounds hawkish and how many more hikes there will be this year.
The market right now:
Bitcoin is ranging around $77k, with trading volume cut in half. Smart money is reducing leverage and waiting for the news—this is the classic calm before the storm. Ether, on the other hand, is being aggressively bought by institutions, with funds moving from Bitcoin into Ether.
My advice:
From tonight until the decision is announced, watch more and trade less. Don’t use high leverage to bet on a direction before the news comes out. If $76.3k breaks, it could easily trigger cascading liquidations. Holding your positions and waiting for high-confidence opportunities is better than anything else.
Do you think this will lead to a bullish rally or a bearish sell-off? Tell me in the comments—I’ll keep everyone updated throughout tomorrow’s session!