Finally, the time has come: cryptocurrencies under pressure from the American economy

Finally, the night has arrived when the cryptocurrency world awaits the intersection of two major American economic events. Tonight’s session promises a mixed impact on the market: the Federal Reserve’s decision on monetary policy and earnings reports from major tech companies. How to navigate this complex situation where negative and positive news blend into one night?

Fed Decision and Its Impact on BTC

The scheduled announcement at 3:00 AM regarding rate hikes or hold will be the first catalyst of the night. Followed by the Federal Reserve Chair’s speech at 3:30 AM. However, the main pattern to remember is that the cryptocurrency market, like the stock market, usually reacts in advance to such anticipated events.

It is reasonable to assume that the main price drop already occurred two weeks earlier, when BTC corrected from $98,000 to $86,000 — approximately a 15% decline. Thus, the last few days represented an opportunity to take profits on speculative positions rather than entering at low price levels. As of February 10, BTC is trading at $70.21K with a -0.37% change over the past 24 hours, indicating ongoing market correction.

Tech Giants’ Earnings Reports: The Next Catalyst

Alongside the Fed meeting, from 4:00 to 6:00 AM, several American tech corporations will release their financial results. The stock market has already absorbed expectations of positive news — this is evident from the index movements over the past few days.

However, there is a potential risk for the market: when earnings results are announced, even positive news can be perceived as unexpected or insufficiently strong compared to already built-in expectations. In such a scenario, the US stock market may correct, which will directly impact the cryptocurrency sector through asset correlation mechanisms.

The Contradiction of the Day: Between Two Uncertainties

Finally, we understand the true complexity of this night: negative news from the Fed decision has already been priced in by the market, and positive uncertainty from tech earnings is exhausted by expectations. Both factors act simultaneously, creating an atmosphere of holding one’s breath.

Under these circumstances, a prudent strategy involves opening positions near strong technical support and resistance levels. ETH is currently trading at $2.10K, and ZEC is at $240.30. These levels should be considered as reference points for building a trading strategy.

Practical Guidelines for Positioning

Based on technical level analysis, key entry points have been identified: a short position on ETH near the resistance level of 3020 was opened to profit on a smaller scale, with a target resistance level at 3140. Regarding ZEC, the asset has already shown attempts to find support at $400 and bounce from it.

All such operations should be viewed as short-term tactical moves to capitalize on volatility, not long-term positions. Even if they close in profit tonight, the main strategy remains waiting: once the situation clarifies after all data is published, more solid plans for long-term positioning can be developed.

Conclusion: Act Methodically

Finally, the most important advice is to stay calm and stick to your plan. The crypto market often exhibits counterintuitive behavior during major economic events, so impulsive decisions can lead to losses. It’s better to open small-risk positions near strong technical levels and wait for clarity than to rely on a single market turn to win.