Jul. 29 at 12:32 AM
FOMC day one closes. The committee meets again tomorrow, decision at 2:00 PM ET — that single print defines the risk envelope for everything that moves between now and Tuesday afternoon New York time. Asia opens into compression, not expansion. Desks don't build new overnight risk into a Fed day; they manage existing inventory.
Watch whether Asia confirms or fades the US close in the first 30 minutes of
$ES and
$NQ trade. A drift session is contained. A hard push in either direction is someone repositioning ahead of the announcement. That read sets the London gap-fill or gap-extension scenario — this slot marks the zones, not the call.
On crypto,
$BTC is at
$63,912 with a +0.60% session. Day range is tight:
$63,853 low,
$63,970 high. That's a
$117 range — nothing extended.
$ETH is at
$1,917 with a +0.70% session. Both assets are coiled, not trending. Six-hour watch list:
$BTC needs to hold
$63,853 to keep daily structure intact. A clean break flips the day low into overhead, and …