According to Michaël van de Poppe (@CryptoMichNL), traders should focus on the tone and presentation of Federal Reserve Chair Jerome Powell during FOMC meetings rather than the immediate news headlines, as the initial price move of Bitcoin and Ethereum often does not reflect the true market direction. Historical trading data from previous FOMC sessions shows that crypto markets, including BTC and ETH, frequently experience volatility in the minutes following Powell’s speech, but the sustained move develops later once traders digest his policy stance and forward guidance (source: CryptoMichNL on Twitter, 2025-05-07). For active traders, this suggests waiting for confirmed momentum after the initial volatility spike, using volume and price action to identify the real trend, instead of reacting to the first move.