There are around 18000 coins listed. Don’t focus on the shady stuff. Focus on projects with a lot of holders and high volume compared to market cap. Stick to the top 100 and the premium names. Some memes will melt faces, but not many and certainly not all. Get positioned for the bull if you ask me.
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Fed meeting later today!
The Fed sets rates at 2pm ET.
Now: 3.50–3.75%.
Most likely they lift it to 3.75–4.00%. That is already expected, so the first move can be small.
If they leave it at 3.50–3.75%, risk assets usually bounce.
If they jump to 4.00–4.25%, that would sting.
Warsh talks after.
If he sounds finished, crypto can recover.
If he sounds like more is coming, it stays heavy.
85
The Fed sets rates at 2pm ET.
Now: 3.50–3.75%.
Most likely they lift it to 3.75–4.00%. That is already expected, so the first move can be small.
If they leave it at 3.50–3.75%, risk assets usually bounce.
If they jump to 4.00–4.25%, that would sting.
Warsh talks after.
If he sounds finished, crypto can recover.
If he sounds like more is coming, it stays heavy.
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