Said woman, take it slow
It'll work itself out fine
All we need is just a little patience
Guns N' Roses – Patience
This morning I spent in the garden, tidying up the trees after winter. You know, pruning branches is exactly what Powell did yesterday. It seems painful, but without it, the tree won't bear fruit.
What we have in the Fed's "plot":
Pruning shears in the regulator's hands: The rate was left at 3.5% - 3.75%. Powell didn't cut it at the root (cut it), but he's also concerned about the new "weeds" of inflation (2.7% PCE).
Frost in the soil: The market was expecting spring and its "blooming" as early as March, but the Fed turned on the cold wind. Now we're not expecting warmer weather (rate cuts) until summer or even fall.
Strengthening the Roots: This is a period of hardening for $BTC . If we hold the $69,000-$70,000 level, it means the root system has withstood this March frost. Although I have a feeling that much more "pruning" will be necessary.
In investing, as in a garden, you can't rush nature. Now is the time to prune "dry branches": illiquid altcoins and excessive leverage. I'm leaving only strong assets that will survive any storm.
How about your portfolio? Has it blossomed yet, or is the Fed still under snow?
As allways: Holding y'all tightly lifting you lightly and kissing tenderly. Yours eternally：
老虎🐯🐾
#MarchFedMeeting #BTC #CryptoAnalysis #LifestyleInvestor #PatienceIsKey