Killa|May 04, 2026 11:43
bitcoin:native
For the first time in 7 months, BTC rallied after the FOMC instead retracing back down.
It looks like the usual pattern is shifting, which makes it more important to focus on market structure and the narrative leading into a pivot, rather than relying solely on the retrace. (As per what we saw for 7 months)
In other words, the story and positioning ahead of the pivot now play a key role in determining what direction price takes next.
The sell-off heading into FOMC was the first signal, but at least now we’ll be better prepared for the next one.(Killa)
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