Post by Augustine Chiagozie (@pabloexchange)

↗️ Market Overview

BTC: $65,277

ETH: $1,965

Fear & Greed Index: 30 (Fear)

BTC Dominance: 59.11%

😁 As expected, the market decided to shake out participants toward the end of last week. First, we got dragged below $64K, only to be aggressively pumped back above $65K. Personally, I view this current leg up as fake. However, it's way too early to lower our guard—no one is safe from further stop-hunts and wicked spikes to sweep remaining liquidity.

❗️ A wave of major macro events is lined up for this week, with the Fed's interest rate decision taking center stage. The market's baseline expectation is a rate pause. However, given persistent inflationary pressures, some analysts aren't ruling out a surprise hike. If the Fed actually pulls the trigger and raises rates, a black swan event for the markets is inevitable.

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