FOMC without surprises - interest rates unchanged. The #FED left the interest rate range at 3.75%, but #Powell's message was far from dovish. Inflation is still a problem, oil and energy could push up in the short term #CPI, and the situation in the Middle East increases uncertainty.Most important for the market - FED is not closing any doors. Cuts are possible. Hikes are also not completely off the table anymore. Inside #FOMC there is a growing divide - some members no longer want to strongly suggest future easing.
For #crypto this is not an ideal setup.
• No rate cuts = no fresh liquidity.
• Expensive oil = risk of higher inflation.
• Higher inflation = FED keeps the market by the throat longer.
And when dollar liquidity does not flow widely, #altcoins usually do not make a magical "#altseason", but fight for scraps of capital.
#Bitcoin may continue to defend itself as the main asset of the market, but the broader crypto market needs something more than just "rates unchanged". It needs a real return of liquidity, a drop in inflationary pressure and a clear signal that the FED is actually approaching easing.
For now the message is simple -
risk-on is still alive, but the FED did not give fuel for full euphoria. Alts are usually waiting for liquidity, not for our dreams. #CryptoSoon #USA
