Tomorrow at 22:00, Fed Chairman Powell's speech will become the focus of market attention, and it may have a significant impact on the cryptocurrency market.



Analysis suggests that Powell's remarks may lead to two possible outcomes:

1. If inflationary pressures are emphasized or a tightening policy is hinted at, it may trigger market concerns about liquidity contraction, leading to downward pressure on risk assets, including encryption currencies.

2. Conversely, expressing concerns about economic recovery and maintaining an accommodative policy stance may be seen as a bullish signal, helping to sustain ample market liquidity and support the performance of risk assets.

It is worth noting that the impact of this meeting on the market may be short-term. From a long-term perspective, the overall market trend remains optimistic. Ethereum investors can pay attention to the key range of $4000-4200 to look for potential entry opportunities.

For investors who currently do not hold positions, it is recommended to make cautious decisions based on market reactions after the meeting results are announced. Some analysts point out that after the release of this data, the encryption currency market may welcome a stronger upward trend. At that time, some small-cap tokens that are viewed positively may see significant appreciation potential.

However, investors should bear in mind that the cryptocurrency market is highly volatile, and high returns come with high risks. It is essential to conduct thorough research and risk assessment before making any investment decisions.
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CountdownToBrokevip
· 10h ago
A day of continued liquidation
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screenshot_gainsvip
· 10h ago
I've already entered a position with a Full Position.
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PerennialLeekvip
· 10h ago
Prepare to buy the dip.
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GameFiCriticvip
· 10h ago
Bullish positions need to stabilize short positions
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fomo_fightervip
· 10h ago
buy the dip and Be Played for Suckers
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