Markets would get their catalyst, with the final FOMC meeting of the year on December 18th....⚠️SUMMARY OF FED FOMC STATEMENT: 1. The Fed delivered a ‘Hawkish Cut’. 2....The FOMC cut rates by 25 basis points to 4.50%, and signaled fewer cuts in 2025. 3....Markets have not yet recovered the same appetite and momentum it had going into the December FOMC meeting...

...indices still find themselves stuck in the rangebound environment they’ve been in since the hawkish FOMC...This upside move was cut short with the hawkish rate cut delivered by Powell in the last FOMC meeting...

FOMC came and went. No rate cut. No pivot. No major price reaction....BTC held post-FOMC but sentiment hasn’t realigned Hope Metric still stuck around 52....Even after FOMC, price and sentiment remain emotionally misaligned....BTC held through FOMC, no breakdown, no sentiment alignment (yet), no reset.

At the September 18th FOMC meeting, JPow took stage and communicated to markets that “the time has come...As such, the FOMC committed to what appears to be the first of many rate cuts over the next 12+ months...

...inflows at this scale signal renewed institutional conviction, particularly if they hold or build post-FOMC...if flows stall or reverse later this week, it could indicate positioning was front-loaded ahead of FOMC...If that flow pace holds post-FOMC, BTC could break above the $109K–110K resistance zone with conviction...

And so today, uh, we’re actually recording this before today’s FOMC date on June eight or FOMC meeting...

...market has firmly set expectations for a 25bps rate cut, pricing in a nearly 75% chance at the upcoming FOMC...Interestingly, while fed fund futures imply a lower probability of a 50bps rate cut at next week’s FOMC...

As we highlighted in our last FOMC statement, we are attentive to the risks to both sides of our dual...time has come for policy to adjust. – Jerome Powell, Jackson Hole 2024 These are strong words from the FOMC...

...leading into the announcement but was rejected at resistance I’d describe the price action as similar to FOMC...

With the FOMC meeting set for July 30, it is more likely that any major move takes shape in late July...

At the September 18th FOMC meeting, JPow took stage and communicated to markets that “the time has come...

2024 Right on queue, the market wasted no time in repricing the odds of rate cuts at the next few FOMC...this point, the market is pricing in a 100% chance of rate cuts at the all important September 18th FOMC...

...selloff, when markets were pricing in a nearly 100% chance of a 50bps rate cut by the September 18th FOMC...

...selling patterns Watch critical upcoming macro events including inflation readings (Wednesday) and FOMC...

With the FOMC scheduled for Wednesday, this week promises to be important for macro and crypto markets...macro hedge fund with a focus on digital assets, to discuss everything macro, crypto, and the upcoming FOMC...

Summary Macro Context All eyes on the March 19th FOMC decision, though markets expect no rate cut (maintaining...

...back-to-back strength reinforces the idea that the June 10–14 spike was not just a one-off rotation ahead of FOMC...

...divergence with crypto majors Impact of the JPY carry trade unwind Expectations for Fed policy + this week’s FOMC...So maybe the FOMC cuts rates at the end of the month. Maybe they don’t.

From a macro perspective upcoming FOMC and uncertain economic data prints over the last few weeks, there...

In September 2024, the FOMC cut interest rates by 75bps, with several additional rate cuts expected over...