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Bitcoin's been pumping hard, but there's this classic pattern everyone's watching for now - the whole 'sell the news' thing. Basically, people are worried that once the Fed makes its move, all the profit-taking kicks in and the rally just loses steam.
It's that moment where you've got good news priced in already, and then when it actually happens, traders just start offloading their positions. The coin selling pressure can be brutal when sentiment flips. I've seen it happen before - everyone's bullish going into an announcement, then boom, the actual news drops and suddenly it's just coin selling across the board.
So the question is whether Bitcoin can hold its gains or if we're about to see that classic dump. The setup's definitely there for it. Lots of leverage, lots of hype, and now everyone's just waiting to see if this rally has any legs left after the Fed speaks. Could be a good time to watch the order flow carefully.