Chest Hamter_kombat let's go..
😁.I don't know if I can have instant noodles or not

🔥 Bitcoin is about to EXPLODE after the FED's decision?

Although the news of the FED cutting interest rates is good, the FED's balance sheet has not shown any moves to inject money into the economy through the purchase of assets such as US government bonds. Therefore, we need to observe more about this policy easing move.

BTC's D1 chart is supporting a short-term uptrend, the target is the upper edge of the trend channel at $ 64,000.

With just over three hours to go before the historic FOMC meeting, markets are now pricing in a 60% chance of a 50 basis point rate cut, the widest range of forecasts in more than 15 years.

However, most economists are leaning toward a 25 basis point cut. According to a Bloomberg survey, only 9 out of 114 economists believe the Fed will cut 50 basis points, while the remaining 113 predict a 25 basis point cut.

Wells Fargo, on the other hand, advises investors to focus on the Fed’s future direction rather than debating between the two cuts. According to them, whether the Fed cuts 25 basis points or 5 basis points, the market will not react strongly, as it did in 2001 and 2007.

CNBC Fed Survey: Fed to Cut Rates by 25%, Expecting a Soft Landing

The survey found that 84% of 27 respondents, including economists, fund managers and strategists, expect the Fed to cut rates by 25%, while 16% predict a 50 basis point cut.

CME futures showed the opposite result, with 61% favoring a 50 basis point cut and 39% favoring a 25 basis point cut.

The market is divided on the Fed's decision, so whatever the Fed decides, about half of the market will be surprised.

The Fed is expected to announce its rate cut decision:
- September 18 US time at 11am California time
- September 19 Vietnam time at 1am.

Consumer inflation rose 2.5% year-on-year in August, down sharply from 2.9% in July.

However, core CPI (excluding food and energy) rose 0.3% on the month, slightly higher than the 0.2% estimate, mainly due to rising housing costs.

Even so, overall inflation fell sharply and posted a fifth consecutive monthly decline.

The first rate cut since 2020 is almost certain next week, the question now is whether the Fed will do more.

Initial reaction: Gold, US stock futures and Bitcoin all fell slightly on the news.

🔥CPI UPDATES:

➡️ CPI This Month = 3.4%
Last month = 3.5%
Estimate = 3.4%

➡️ Core CPI This Month = 3.6%
Last month = 3.8%

Estimate = 3.6%
CPI is as good as expected and the market is slightly green

However, you should be careful, good news does not necessarily come with sustainable price increases

INVESTMENT PERSPECTIVE 💵

🔸The biggest mistake many people make today is only looking at the present without looking at the long term.

🔸When we determine to enter the market, we should look at the future and long-term potential of the market.

🔸Currently compared to the future, coin prices must be said to be too cheap.

🚀The market will explode strongly in 2025, that's for sure!

👉🏻Because there are too many facts to suggest that 2025 is a strong boom year for the market, it can simply be seen that interest rates may drop sharply at the end of this year. That is an extremely BULLISH signal for the market.

🚀The uptrend season when altcoins start to climb x3 x5 at the same time in this cycle will likely fall into 2 cases in the following time periods!!

1️⃣ Early uptrend, will happen in the third quarter of this year, which will fall on July 8, 9

🔸When this year's Bitcoin ETF Spot was approved, many large funds participated and continuously collected BTC, causing BTC to break its ATH before halving, something that has never happened before.

🔸 ETH SPOT ETF will be approved in the near future

2️⃣ Uptrend takes place normally, starting in the fourth quarter of this year in October 11 and 12 similar to previous times

🔸The FED started buying bonds, printing money, and lowering interest rates more strongly

🔸The US presidential election takes place

🤔 And how can we not miss the boat or miss the first wave when the dealer will pump the goods very quickly so that most of the young fish won't have time to turn around and lose the goods?

🔸For those of you who are already in the majority of stores, just be careful at this stage, the market will make us depressed and easily seasick, there are only a few months left, don't give up on the threshold of paradise!!

🔥 UDPATE: Meeting notes "lack of progress" in controlling inflation back to FED's 2% target: Committee does not expect to reduce interest rates until there is greater confidence that inflation is moving move sustainably towards 2%

Other than that, the document hasn't changed much, still saying the economy is growing at a "solid pace," the job market is "strong" and the unemployment rate is "low."

Under the new plan, the Fed will reduce its bond sales to only $25 billion per month, down from $60 billion.

Should remember:
The Fed sells bonds to collect money and tighten it, so this is also considered good news.

Tonight and tomorrow morning the Fed will announce interest rates for May again

Time: at 1:00 am

Then meet as usual

And the market has Dumped before the news, so tonight the news may not be good... you should be careful with all leverage positions.
If you have a long-term spot, you can watch for price drops and buy a little

In general, after closing the weekly candle + daily candle just finished this morning + the 11am H4, nothing is positive.

In this situation, the downward force is still strong and the price is still below the EMA 34-89 cluster, so sellers still have more pressure.

The current price range of 62k is "light" but seems quite difficult to overcome. Decide on this H4 candle at 3:00 p.m

If perforated here, there is a very high chance of retesting the area around 59-60. If there is this, hopefully it is accompanied by an H4 candle with a pull-up + bottom divergence, which will help the rebound bounce to high areas. If it decreases slowly, it will be difficult to sustain

Don't forget that the April candlestick is about to close (full selling force) + bad news about CZ can cause the market to suddenly dump, be careful with large leveraged positions at this stage!

9.3 billion USD Options are about to expire

BTC max pain = $61K
ETH max pain = $3100
max pain = point where most contracts will lose money

Options expire on Friday, April 26
- 8 a.m. UTC
- 3pm Vietnam time
- 1 a.m. California time

ETH has reached its max pain point, with less than a day left, will BTC be pushed to its max pain point?

Today if the price goes up to 66k and is rejected by the H4 candles with whiskers above.

So guys, please pay a little attention to the current excitement.

Because here is both the resistance and the 0.5 fibonacci barrier on frame D1 of the recent downtrend.

And if rejected here it means the previous trend was downtrend. The current rebound rhythm is a secondary rebound rhythm.

🔸This period is very similar to the end of 2022! Or the period September-October last year!

🔸This feeling is very familiar, but eventually it goes there!

🔸Adjustments and FUDs like this are completely normal!

🔸If you have been in the market long enough, you will feel this familiarity!

👉If you're holding altcoins right now, try to hold them tight, but don't rush into allin at this time, just take it slow - if you want to lighten your head, in the next 2-3 months, just divide it up and buy a little each week!

Printing more money again

Let's prepare ourselves for the upcoming storm 😝

The market is starting to iron

Being blue is fun 😁

Hold on tightly to what you have.... Let's try 😝

Let's rest now everyone 😅

Mr. Bit looks so fragile and weak

I'm probably going to be sleepy tonight

Inflation in the UK fell to 3.2%, but remained slightly higher than the 3.1% forecast.

Core inflation, which excludes energy, food, alcohol and tobacco, was 4.2%, compared with a forecast of 4.1%.

List of all Bitcoin corrections since the beginning of 2023 until now:

• -23% (February 2023)

• -18% (March 2023)

• -21% (April/May 2023)

• -22% (July/September 2023)

• -21% (January 2024)

• Nearly -16% currently (April 2024)

. Is there still any fluctuation?