Filecoin continues to exhibit a bullish trend. If you have confidence in this asset, it is advisable to consider gradual accumulation within the current support zone.
I monitor this closely and have opened a trade on this opportunity. The minimum target remains $15 and beyond.
Filecoin has strong fundamentals, but investing for 3–4 months might expose you to market risks. If your goal is short-term, monitor BTC, FIL-specific developments, and major announcements closely.
Question: what happened to the market today? Why the mini-crash?
Answer: The market’s dip is tied to the FOMC meeting, a predictable trend we see before every Federal Reserve announcement.
Historically, markets sell off as a precaution before Jerome Powell speaks, and corrections often follow shortly after. Last day at 2 PM, Powell announced a 0.25% rate cut, which the market had already priced in.
The mini-crash occurred because Wall Street tends to panic ahead of these announcements, fearing unexpected changes in monetary policy. This time, Powell stayed consistent with expectations, so we can anticipate a recovery or “pump” within the next few days as confidence returns.
Actionable Insights:
• Buy the Dip: Use this opportunity to pick up discounted cryptocurrencies or stocks. These dips are often short-lived, and savvy investors capitalize on the lower prices.
• Stay Informed: Add the next FOMC meetings to your calendar. Awareness of these events helps you anticipate market behavior and position yourself advantageously.
The market’s volatility around Fed decisions isn’t unusual, but it’s a chance to turn uncertainty into opportunity if you stay prepared.
Am Not Done yet From $LISTA 😂 and Here We Go Another 2 Profitable Signals 😎
Shared From 🌟Crypto Knights 🌟
$ADA We Got It Between 1.06 - 1.04 All the way down to Reached 0.9494 🥳
$BB We Got It Between 0.4547 - 0.4458 Its Down To 0.433 Gives Us ( 30 % Profits ) 🫡 and Ups Again I Will Make Scalping To see how Much I will Get At The End 😁
📍Check The Pinned Post And Make Your Own Profitable Story 🤑