Trading Crypto Compass

Due to #FOMC news

$300M wiped in 1H and $850M in past 24H

better stay away until the volatility settles down

#ENA Analysis:

#ENA maintaining support rejection while forming bear flag pattern attempting shallow break 📉🚩. Close below could trigger further market drop offering scalping opportunity toward key support at $0.35 - $0.37 🎯💪.

Watch for confirmed break before entering short positions ⚡️👀📊

🚨 Big Day for the Markets! 🚨

The Federal Reserve will announce its interest rate decision today, and volatility is expected to spike across all markets. 📉📈

If the rate cut gets delayed or turns out smaller than expected, we could see a sharp correction in crypto prices as traders react to the uncertainty.

Stay cautious, avoid over-leveraging, and watch key Bitcoin levels closely — the next big move could start right after the Fed announcement. ⚡

Third instance since late August where #BTC dipped below 0.95-quantile ($117.1K) - level where 5%+ supply held by top buyers sits at loss 📉⚠️. Price now in 0.85-0.95 quantile range ($108.4K-$117.1K) retracing from euphoric phase 💪📊.

Without catalyst above $117.1K, risk deeper contraction toward lower boundary. Historically, failure to hold this zone preceded prolonged corrections - sustained drop below $108K critical structural weakness signal 🔴⚡️👀