There’s a major event this week—the Federal Reserve is meeting to decide on the rate cut.

Recent employment data hasn’t been great, so the market is basically betting on a 25 basis point cut. At this point, it seems like there’s not much suspense, and most major institutions are predicting something along these lines.

But the real focus isn’t on how much they cut, it’s on what Powell says afterward. If he hints at “we’ll keep easing,” then risk assets like cryptocurrencies are definitely in for a rally; but if they pull a surprise move—cutting rates but subtly signaling future tightening—then the market might react negatively.

To put it simply, the rate cut itself is already priced in; now the bet is on what the Fed wants to do next. We’ll get the answer early Wednesday morning, so everyone holding coins might want to get ready for the show.