Fear has dominated the market for 5 weeks and this week is FOMC Week. Yes, fluctuations will be inevitable. The market is holding its breath before the FOMC decision on December 10. The Fear Index is at 21. Before the decision, $BTC usually fluctuates. This is the time for big funds to constantly sweep small fish off the table. Most people’s stop-losses will be triggered and the whales’ pockets will be filled with liquidity.
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.
Fear has dominated the market for 5 weeks and this week is FOMC Week. Yes, fluctuations will be inevitable. The market is holding its breath before the FOMC decision on December 10. The Fear Index is at 21. Before the decision, $BTC usually fluctuates. This is the time for big funds to constantly sweep small fish off the table. Most people’s stop-losses will be triggered and the whales’ pockets will be filled with liquidity.