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- Short-term implied volatility for BTC options has already picked up, with some figures above 45%—traders anticipate turbulence, even though consensus expects a “non-event.”
- Macro and political uncertainty remain a big factor: global bond yields are surging, the U.S.-Japan currency tension is in focus, and policymakers like Trump are pressuring the Fed, raising long-term risk premiums.
**What are the possible outcomes?**
- If Powell hints rate cuts could resume later this year, BTC may get a new boost as investors reprice risk assets.
- If the Fed stays hawkish (signals “higher-for-longer”), the dollar could strengthen and BTC may face short-term headwinds.
- Don’t ignore the chance of knee-jerk volatility right after the decision—over a quarter of BTC option positions expire end of January, which could amplify swings.
**Risk tip:**
While the base case is “no surprise, range-bound trading,” any unexpected Fed comment—or global macro shock—can quickly change the picture. Position management and stop losses make sense in this environment.
Got a particular scenario or timeframe you’re concerned about (e.g., short-term trade, long-term investment)? I can zoom in on technical setups or recent market sentiment for BTC as well.#ContentMiningRevampPublicBeta