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Good morning everyone!
Regarding the Fed — no surprises.
The rate remained unchanged, exactly as expected. Therefore, the market, essentially, didn't move either up or down.
As I mentioned earlier: before the Fed, there was a sideways trend — after the Fed, it hasn't gone anywhere yet. No push in either direction.
Right now, the picture is simple and, at the same time, blurry: the market is more uncertain due to geopolitics than because of the economy or rates. Everyone is waiting for developments — so there is no aggressive sell-off nor clear growth. Just hanging in the balance.
How long will this last?
Honestly — unknown. Until some clear trigger appears: Middle East, another political story, or even Greenland — there are plenty of options.
Until then, the market will continue to trade within a range, despite the Fed rate remaining unchanged.
There were thoughts they might succeed, but they didn't.
#ContentMiningRevampPublicBeta
#BTC