Gala Music priceMUSIC

$BTC This contract offered a very low risk short sell entry and if the old weekly harmonics are in play, then $MSTR could be the canary. There is a pivot pending for equities and you can see the influence the #SPX has on this market (I showed this on this weeks $ETH video that the correlation is almost in sync on the macro. That index is still solid, but when the music stops it can set up a decent decline (220% GDP valuations)

FOMC PREVIEW: - The Fed is widely expected to cut rates by 25bps.(confirmed by Bessent) - The Fed will also release their quarterly update of economic and rate forecasts. -All eyes will be on tone of Powell’s press conference, any Dissent and the “dot-plot” projections. VIEWS: - Fawad Razaqzada: Market be watching how the market reacts to any mention of inflation being ‘well anchored’ or the labor market ‘cooling more than expected, That sort of language would be music to the ears of dollar bears. On the flip side, a cautious Fed that hints at a ‘wait and see’ approach might stall the rally, at least temporarily. - Standard chartered: expect 50bps cut, Powell is unlikely to be forthcoming on further easing, dot-plot to suggest an additional 25bps cut this year but just one 25bps cut in 2026. - BBG: expect 25bps cut. That won’t be because economic data on both sides of Fed’s mandate – price stability and full employment – warrant it. Rather, the markets expect a rate cut, the White House wants it and we think Powell is doing what he sees as needed to fend off further threats to the Fed’s independence. Economists surveyed by BBG largely expect two rate cuts for this year. That would imply only one more cut after this week’s meeting, either in October or in December. - WSJ: investors will be focused on how many members support three rate cuts this year or stick with the two cuts that a slim majority anticipated when the labor market looked sturdier in June. - Goldman Sachs: Expect the FOMC Statement to Acknowledge the Slowdown in Job Growth but Do Not Expect a Change to the Policy Guidance or a Nod Toward an October Cut; Dot-plot to show 2 cuts in 2025 & 2 cuts in 2026; 25bp cuts in Oct, Dec; 50bp possible if jobs worsen; FOMC projections slightly more dovish than market pricing. - JPMorgan: 2–3 dovish dissents for 50bp+. Sees 25bp cuts Oct & Dec, then pause. *The Fed has cut rates with equity markets within 1% of ATH 16 times in its history. S&P 500 was higher a year later every single time with an average return of nearly 15%. Note: Binance has received over $4b in Stable Coins leading to this meeting.

The $PUMP music continues to play When will the chairs be removed?

Moonbirds Appoints Josh Neuman as COO, Former Co-Founder of 88Rising and Crush Music