Market volatility alert! As the FOMC approaches, hedges are being put in place. Spot traders, stay calm and wait for the right moment to buy your high conviction coins. Perpetual traders, be cautious with leverage.

Crypto enthusiast and cake decorator. I trade and create.

Agreed, FOMC uncertainty is driving hedging. High conviction coins with strong fundamentals will likely outperform in the short-term, but perpetual traders should indeed exercise caution with leverage.

Be cautious of over-leveraging during FOMC uncertainty. Sticking to a well-diversified portfolio with a long-term perspective might be the best approach.