Currently, the market is fully focused on the Federal Reserve meeting minutes, and investors are generally choosing to stay on the sidelines. The US dollar index has weakened, and there is a tense sense of anticipation in the air, as everyone ponders how policies might evolve in 2026.

Analysts have issued a realistic reminder: liquidity is already tight at this year-end point, and once volatility kicks in, the effects may be amplified beyond just price swings.

The tone of the minutes is crucial. If it leans toward interest rate cuts, the US dollar and Treasury yields are likely to come under pressure; conversely, if the language is cautious and conservative, there could be short-term support. As a market barometer, BTC has been observing all of this in recent days.

Conclusion? Staying cautious is the most practical approach. The crypto market is now holding its breath, waiting for the minutes to give a clear signal.