#FedWatch tracks what markets expect the US Federal Reserve to do next—rate cuts, hikes, or pauses—using futures pricing.

Why it matters:

Rate cuts → risk assets 📈 (BTC, ETH, stocks)

Rate hikes → risk-off 📉

Pauses → volatility + chop

Traders watch FedWatch to front-run liquidity shifts, not headlines.

Markets usually move before the actual Fed decision.