⚠️ What happened last night with the crypto market, why did it crash locally?

The matter lies in the rhetoric of the US Federal Reserve. Yes, they lowered the key interest rate as expected, but after that, they provided forecasts for 2025. It was in these forecasts that the rat was buried, which ran out and scared investors and traders. The Fed forecasted only two rate cuts for 2025 instead of four, while the market had already priced in the probability of four cuts. In general, the crash happened suddenly and unexpectedly; these guys know how to spin everyone.

In general, as always, it’s not a definitive conclusion, nor even a fact, but just an assumption that may be later changed due to other conditions.

✏️ Conclusion — the market is bullish, which means it’s worth trading long and during such sell-offs. So far, there are no conditions for a trend change.