From CryptosRUs: In this video I break down what to expect from the big Jackson Hole symposium and how Jerome Powell's remarks could move markets — especially crypto, bitcoin. If you’re holding digital assets or trading around macro events, here’s the quick, plain-spoken playbook I walked through on camera.
Why Jackson Hole matters right now
Jackson Hole is a three-day central banking conference where the Fed chair often sets the tone for policy. Even though it’s not an FOMC meeting, Powell’s comments can shift expectations on rate cuts — and that’s exactly what markets and the crypto, bitcoin complex are watching.
What’s changed since yesterday
- Markets priced in an ~88% chance of a September rate cut (CME data when I checked).
- But several Fed regional presidents went on record expressing doubts — Kansas City Fed (Schmidt) and Cleveland Fed (Governor) pushed back, citing rising inflation.
- Jobless claims came in a bit worse than expected and recent revisions show fewer jobs added over the last three months — that gives ammunition to those calling for cuts, yet inflation remains a worry.
- Equities: S&P 500 suffered five straight losing days. Crypto: Bitcoin and altcoins dipped, and ETF flows saw almost $2 billion outflow from Bitcoin + Ethereum ETFs over the last four days.
How Powell’s tone could move markets
If Powell leans hawkish — doubting a September cut or reducing the expected number of cuts this year — expect a sharp down-leg across risk markets. If he sounds balanced or slightly dovish while acknowledging softening jobs data, we could see relief rallies. The range is wide: tomorrow could be a huge crash or a massive bounce.
Where crypto stands today
Despite the volatility, there are signs of footing: Bitcoin dominance hasn’t exploded, many alts are holding, and long-term holders remain in place. Much of the panic selling looks done. That said, market makers have been trimming leverage and liquidity, which heightens short-term volatility.
What I’m doing (practical plan)
- Keep cash on the sidelines — I’ve got a boatload of cash ready to buy dips.
- Hold core crypto positions and avoid panic selling long-term holdings.
- Watch ETF flows and on-chain signals for confirmation before adding large positions.
- Have a clear entry plan if Powell signals cuts are likely; be cautious if he tilts hawkish.
Key takeaways
- Jackson Hole isn’t an FOMC vote, but Powell’s tone shapes expectations — that’s what matters.
- Macro data is mixed: jobs revisions argue for cuts, inflation warnings argue against them.
- Crypto, bitcoin reacted to ETF outflows and tightened liquidity, but long-term holders remain.
- Prepare with cash, avoid emotional trades, and be ready for either a sharp drop or a strong bounce.
Final thoughts
Tomorrow is a big volatility event. Don’t overreact to headlines — have a plan, size positions sensibly, and remember markets recover. Whether Jackson Hole becomes a pump or a dump depends on a few words and the tone Powell adopts. I’m watching closely — stay prepared and trade smart.
“If Powell leans hawkish, tomorrow could be the biggest crash on earth. But if he’s balanced, we could see a relief rally — prepare for either.”
Smash the like, subscribe to stay updated, and hang in there — we’ll see how it plays out.
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