Ansem: Hawkish FOMC may lead to a broad decline in risk assets, BTC could retest the range lows.
According to a post by trader Ansem reported by Odaily, Warsh and the hawkish FOMC may put pressure on risk assets, and risk assets are generally expected to decline tomorrow. Compared to most assets, BTC has already shown relative weakness. Ansem believes that BTC failed to break through the weekly resistance across multiple time frames and may once again test the range lows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Client nodes, console, and API were not modified; Chainstack discloses attacker used the ARTEX framework
Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”
Elon Musk stated that Cybertruck production will be extended until late summer 2027 to clear the order backlog, and Tesla's stock price rose by about 4%.
Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation
Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.
Crypto prices
More
