The Fed will announce the interest rate decision today, at the final meeting of 2025. A 0.25 basis point rate cut is expected. The real focus will be on Powell's statements.
It is extremely similar to the Wyckoff pattern in the ETH/BTC chart, let's see if it will work the same way. We are probably in the region I marked. For an altcoin bull run, ETH/BTC reaching 0.08 would be sufficient.
If J. Powell gives a market-recovery speech at 4:00, there could be at least a moderate atmosphere until the meeting. I care about it because it's the first speech after QT.
In the cursed altcoins, the targets could not be reached; only apart from that, everywhere else the targets have been reached. Only cursed altcoins remain from the very bottom to the very top. We are in a period of extreme manipulation. Note: The part 2 of the targets in the altcoins for the year 2023 could not be realized.
Cryptos started wonderfully in December #BTC dropped by %5 Today the QT ends but will continue until the end of December. They incredibly devoured those who see every dip as a LONG opportunity. While the movements in the short term are so unpredictable, there is a crowd stubbornly continuing to LONG.
Today there is a monthly closing #BTC 90K monthly close is somewhat positive In the normal chart, the 1st part is broken, but the 2nd line is holding; the same thing happened earlier at the 48K level. There are downward fake closures occurring in daily closings.
- Will BTC regain the 125K zone? - What should the strategies be for the year 2026? - Is an explosion in altcoins near? I will touch on these topics live shortly.. If there's anything extra you want me to mention, write it quickly in the comments.
Everyone associates BTC with this get dumped scenario; they had also associated it when it was at the 108K band, it returned with a strong movement at 125K $BTC . Now the same scenario is here again, we will see who will come out right. BTC has little to do with the 2021 scenario in my opinion.