FOMC Decision Outlook: BTC volatility is set to rise quickly, and ETH may break through 4000 USD without any significant pullback.

The Federal Open Market Committee (FOMC) meeting is set to convene later tonight (30th), and Bitcoin (BTC) along with other Crypto Assets continue to trade Sideways. However, experts anticipate that volatility will soon increase. Analyst Cryptoinsightuk points out that Bitcoin has been consolidating within a narrow range for weeks. He compared it to previous cycles, where the accumulation phase lasted between 60 to 240 days before a breakout occurred. It seems like "the calm before the storm," defining the current price structure as an impulsive trend, consolidation, and the next round of increase.

In today's Asian session, Bitcoin is currently reported at $117,990 and has not yet exited the fluctuation range.

(Source: Gate)

Bitcoin's Bullish Technical Setup and Altcoin Potential

CryptoInsightUK believes that although Bitcoin's dominance has risen due to the decline of altcoins, this trend is about to reach its peak. He points out that Ethereum (ETH) has indirect liquidity "within reach," and the analyst's conclusion is that "once it comes close, it can usually be swept away." ETH may break through resistance levels without significant pullbacks, especially in the context of dovish macro tailwinds.

He expects that as the market capitalization of Bitcoin approaches 2.5 trillion USD, the total amount of Crypto Assets in this cycle may reach 10 trillion USD, making the risk-return profile of altcoins more attractive at this stage. If Bitcoin doubles from now and the dominance of altcoins remains stable, then from a capital rotation perspective, the price of altcoins could increase by 4 times.

His allocation strategy reflects this point:

95% of his investment portfolio still holds Ripple (XRP), and he believes the price could pump to between 8 and 15 dollars after the breakout.

Dogecoin is a tactical Fluctuation strategy aimed at $1.14 to $1.17, driven by anticipated retail capital inflows.

Political Dynamics and Market Sentiment

The analyst also pointed out that the dynamics between Powell and Trump are changing, indicating that political pressure may influence the upcoming monetary policy. The analyst stated, "Since Trump visited Powell at the Federal Reserve, the situation has changed." He referred to Trump's shift from calling Powell an "idiot" to describing him as a "good guy."

Despite the market still undergoing sideways consolidation, analysts believe that many major assets have begun to break through historical highs. "I think it happened faster than people expected," he stated, emphasizing negative sentiment, under-positioning, and macro catalysts as the driving forces for the next round of pump.

Conclusion:

The sideways consolidation of Bitcoin may be the calm before the storm. As the FOMC meeting approaches, the market is expected to welcome new fluctuations. Analysts believe that while Bitcoin may continue to pump, the risk-reward ratio of altcoins is more attractive, signaling the potential arrival of altcoin season. Meanwhile, political dynamics may also have an impact on the market. Investors should closely monitor these signals to prepare for the upcoming market changes.