Good morning friends☀️

We have entered an important week. I think that the calm course that has continued in recent weeks will be disrupted this week and that we will have an active week for the markets.

The FED interest rate decision will be announced on Wednesday. In this meeting, economic projections including the expectations of FOMC members for the coming months will also be published. Therefore, the meeting has extra importance.

On the other hand, the possibility of a 50 bps interest rate cut has increased considerably in recent days. While the possibility of a 50 bps interest rate cut was seen as 30% 1 week ago, this possibility has now increased to 59%.

The expectation of a transition to monetary expansion together with the interest rate cuts will of course have a positive impact on the financial markets.

I think that large capital, which has been benefiting from high interest yields for a long time, will now shift towards risky assets such as stocks and cryptocurrencies. We also started to see the effects of this last week.

The downward trend was broken last week and the price managed to make a new high peak. In the current situation, we can say that the short-term outlook is positive as long as the $58k support is maintained.

I will share other data such as spot CVD, whale activity, liquidation map during the day and I will update frequently since we are in an important week, my friends.

I wish everyone a good week and lots of profit.