Powell's speech tonight: timetable and expected market impact

robot
Abstract generation in progress

The attention of crypto and traditional traders remains focused on the Federal Reserve’s communication. In detail, the time of Powell’s speech is set for 7:30 p.m. (local time), a crucial moment that could catalyze significant movements on major assets.

When Powell speaks: precise time and importance of the event

Jerome Powell, chairman of the Federal Reserve, will give his speech tonight at 19:30 according to local time. This appointment is not accidental: the markets have been waiting for weeks for concrete indications on the future trajectory of interest rates. Every word from the Fed chairman is scanned by traders to identify explicit or implicit signals regarding rate cuts, an element that continues to influence the behavior of the entire crypto asset class.

Expected Volatility: How the Market Reacts to the Fed Chair’s Speech

Historical data shows that the Federal Reserve chairman’s speeches generate significant price swings, especially in the minutes immediately following the announcement. Tonight, high volatility is expected on all major instruments: from currency pairs and stock markets to cryptocurrencies such as BTC, ETH and other crypto assets. Traders need to prepare for abrupt and abrupt market reactions, potentially in either direction.

Trading Strategies for Tonight: Risk Management and Opportunities

To deal with the event, it is essential to take a disciplined approach:

  • Well-managed positions: Make sure your exposures are proportionate to the risk. The expected volatility could magnify both gains and losses.
  • Timely Realization of Profits: If the market moves in your favor, consider locking in profits quickly rather than waiting for further movements.
  • Preparing for Later Opportunities: After strong initial movements, new entry opportunities frequently emerge. Keep focus and liquidity available to capitalize on them.

The time of Powell’s speech represents a critical moment. Experienced traders know that regardless of the outcome, new market dynamics will inevitably follow. The key remains intelligent risk management and readiness to seize the opportunities that the event will generate.

Key assets to monitor: BTC, ETH, COAI #FED #Powell #RateCut

BTC-6,46%
ETH-7,66%
COAI-4,38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)