The Greedy and Fearful Get Punished Leading Up to FOMC Decision!

๐บ๐ธ BREAKING: The FOMC decision is in, and no changes to interest rates will be made for the first meeting of the year. Jerome Powell has stated that interest rates are in 'neutral range' now, hinting that rates may now stay put for the indefinite future.
๐ค From a crypto sentiment perspective, the FOMC press conferences will always draw major attention, particularly after how much the Fed's decisions have rocked crypto markets back and forth between 2022 and 2025.
๐ As we see below:
๐ฅ High red bars indicate times when social media was bullish and greedy in relation to the FOMC meeting
๐ฆ High blue bars indicate times when social media bearish and fearful in relation to the FOMC meeting
๐ With any topic that cryptocurrency markets are sensitive to, markets generally go up when the crowd is bearish toward it, and go down when the crowd is bullish toward it. Retail typically gets prices WRONG.