Watching the Fed’s balance sheet update today at 4:30 PM ET. Crypto traders are eyeing the Total Assets number (currently ~$6.536T).
Simple take:
If it stays above ~$6.53T → liquidity could support #altcoins .
Around $6.50T → likely sideways movement.
More Fed assets often means more liquidity in the system, which can flow into crypto. With recent T-bill purchases, we might see a bump.
I’ll be watching the headline number and any clues on repos or T-bill moves. A surprise upward could stir volatility in #alts quickly.
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