Well, we just keep chopping I guess.
For me this is in no man's land. I would only take a trade if takes either the local low/high out and then you can scalp it into the other direction.
But with the FOMC passed it's looking like we're gonna be stuck here for a bit.
$BTC

> Trump:
"Imma visit Powell personally to pressure him into cutting and pumping the markets."
> Powell:
"Watch this nerd."

FED fund rate decision and then FOMC presser an hour from now.
It's expected that the interest rate will remain the same at 4.50%, which is also what I expect.
This might sound strange, but I honestly think it's best that nothing changes for now (no cuts).

I think I'm wrong about $ETH getting some short term downside.
It's too strong, refuses to print any significant correction, funding now going below baseline too. It's looking like a just fucking send it moment.

"Hmm, what's the sentiment like at the moment? Lemme take a look at the comm... Oh."

$ETH small pullback to about 3500 here makes sense to me.
That probably makes a good chunk of the rest of the market retrace as well. But I don't think it's gonna be any major downside.

First higher low on the lower timeframe.
We might be going somewhere.
$HYPE

$HYPE funding neutralized, consolidating now in a tight wedge. I'm very curious what this does next. It could just break out to the upside and start rallying again.
If it falls out of the wedge, then I expect a much longer accumulation range that forms around $36-$40.

Lots of long liqs on that drop but open interest rose like a motherfucker... Who's still holding the hot potato now?
I think we full send it back.
$BTC