Fed hold rates steady as BTC near $78K; Warsh dey advance
Di Fed hold rates steady for di third time for 2026 at 3.5%–3.75%, dem talk say Middle East push energy cost up and inflation path still unclear. Right after di decision, BTC and ETH drop for di past 24 hours. For BTC, di article talk say e set inside range: RSI around low 60s, resistance near $79.4k and $80.6k, and support around $78.2k with deeper level near $75.7k. Separately, Kevin Warsh nomination for Fed chair move forward for Senate Banking Committee, keeping short-term political matter in focus as Powell term near end. For crypto market, Coinbase list MegaETH (MEGA) futures, giving derivatives-driven tailwind. For traders, main takeaway na Fed hold rates but clearer timing for rate cuts still delayed—this keep macro volatility high and favour tactical range strategies around BTC support/resistance levels.
Neutral
For BTC specifically, di Fed hold rate steady no be new ease catalyst, and the delayed clarity on future cuts fit keep macro-driven volatility high. The immediate post-decision dip for BTC dey support short-term bearish tilt. But the article talk say BTC still dey range-bound with clear support ($78.2k, then $75.7k) and resistance ($79.4k, then $80.6k), and the Warsh nomination/MEGA futures listing add small crypto-specific momentum but no necessarily push direction. Net effect: near-term choppy trading rather than steady trend—neutral for BTC.