Hi Cryptoniacs, after few days, I' m back with a new post. In this post I would like to address what happened yesterday and give also a little look to the future, so without further ado let' s dive straight into it. 

In the aftermath of April's anticipated bearish trends and the ensuing crypto recession, Chair Powell's recent FOMC speech has stirred the markets. His reassuringly dovish stance, suggesting no imminent interest rate hikes and a favorable outlook for the US economy, triggered a notable surge in both stock and crypto prices.

Despite the crypto market experiencing a dip reminiscent of FTX's collapse, BTC and its peers found themselves in an attractive buying zone. Yet, true to its resilience, Bitcoin swiftly rebounded. Now, as the Fear & Greed index hints at a potential upturn in prices since it is finally hovering around 40 points meaning fear is getting stronger, the current market landscape presents an enticing window of opportunity for investors to enter the BTC market at advantageous prices, IMO we might see still a little downtrend, bringing the prices at a more favorable level for big buyers before starting a nice summer uptrend, just remember that as much as this analytical point of view might be right, atm remains as usually just speculation. 

But there's more to the crypto landscape. Ethereum's ETFs loom on the horizon, promising to inject a fresh wave of excitement into the crypto sphere. This potential introduction could mark a significant milestone, potentially reigniting bullish sentiments and reshaping the crypto sphere. The hype that this new ETFs might bring could definitely help prices to hike higher.

However, uncertainties persist, particularly surrounding inflation and its ramifications. While Powell's speech offered a glimmer of hope for americans, the path forward remains filled with challenges. Nevertheless, with a keen eye on market trends and a strategic approach, investors stand poised to capitalize on the evolving crypto landscape.

As we navigate these turbulent waters, it's crucial to remain vigilant and adaptable. By leveraging insights gleaned from recent market movements, staying attuned to emerging developments and analyzing different sets of data, investors can position themselves successfully in the markets lowering the risks involved with their investments. 

All of that said, as always remember to DoYourOwnResearch. In this post I express my personal opinions about BTC' s price and future evolvements, that doesn' t mean I suggest you to buy anything because I ain' t a financial advisor, I just like crypto.

Until we meet again, stay true, stay cryptoniac.