Fed tonight - brace for volatility
FOMC meeting tonight at 2pm ET. Market pricing in 25bps cut at 92% probability.
My playbook:
- If dovish surprise (50bps): risk-on rally, BTC targets $105k
- If hawkish hold: dump to $90k support, buy the dip
- If as expected: sell the news, short-term pullback then continuation
Reduced leverage to 2x. Cash is a position too.
Remember: don't trade the news, trade the reaction. [sticker:careful]