According to Material Indicators (@MI_Algos), Bitcoin liquidity levels are showing significant positioning ahead of Jerome Powell's upcoming speech, with on-chain order book data indicating that traders are bracing for heightened volatility. Current BTC order flow reveals strong support between $62,000 and $63,000, while notable resistance is seen near $65,500, suggesting that traders are preparing for sharp price movements in response to potential monetary policy statements. This pre-speech liquidity arrangement highlights increased market sensitivity to Fed commentary, which may directly impact crypto volatility and trading opportunities (Source: Material Indicators, x.com/i/broadcasts/1…).

According to Michaël van de Poppe (@CryptoMichNL), gold has experienced a clear trend switch, correcting by 8% since its peak. This movement is driven by recent negative macroeconomic data, which has increased pressure on the Federal Reserve to consider monetary easing. While this environment may benefit risk-on assets like equities and cryptocurrencies, it signals short-term bearish momentum for gold as traders shift focus. Source: Michaël van de Poppe via Twitter (May 1, 2025).