Crypto Market Pulse👀 Markets are in a holding pattern ahead of tomorrow's FOMC meeting. ETF flows have turned negative as investors reposition and reduce risk ahead of the decision. The Coinbase Premium remains negative as it has been throughout this period. This is normal pre-FOMC behaviour and not necessarily a signal in itself. The real tell will come in how the market reacts to whatever Warsh delivers tomorrow. A dovish tone could be the catalyst that breaks this consolidation higher. A hawkish surprise would likely test the lows we have been building above. We have flagged it before — Bitcoin has sold off after the majority of FOMC meetings this cycle. Tomorrow will be no different in terms of the risk it carries. Ahead of the meeting, we are taking a more defensive stance — we have closed our HYPE position and are keeping only our BTC exposure for now. If the market reacts poorly tomorrow, we are in a better position to respond without unnecessary altcoin risk on the table.