Crypto Chess: Positioning Your Moves Before the FOMC Announcement

5% Edge: Unlocking Crypto Gains Amidst FOMC Turbulence

Let's talk about the interest rate decision and the FOMC press conference. Generally, since this kind of news tends to have a 4-5% impact, and I'm looking for the lowest cost with the highest gain, I'm buying contracts for prices that are about 5% away from the current price. You can choose different prices, closer/farther dates, and buy more contracts. You can also buy at prices closer to levels you find technically appealing.

September 20th, 5% away:

BTC:
57k $300 - 63k $240. For BTC, you can buy 0.1 units, so the cost could be $30 and $24, totaling $54. BTC is much stronger compared to ETH, so a strategy could be buying call contracts for BTC and put contracts for ETH. This strategy would make even more sense if you think ETHBTC will go lower.

ETH:
2200 $15 - 2450 $7. Total cost $22. If you're going to buy, I think it should be done immediately, because as the date approaches, the expectation of volatility and buying pressure might increase, potentially driving up prices.

These are the trades that suit me. The current cost is $54 for BTC and $22 for ETH, totaling $76. You can choose both, just one, or as I mentioned, one for BTC and the other for ETH. I probably won't wait until the contract expiration date and will close the positions when I see a nice profit.

#FOMC_Decision #ratecuts #RateCutExpectations #fomcmeeting

What do you think our profit potential will be from these positions?