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The market is unlikely to be calm over the next 3 days.
First, the Federal Reserve FOMC meeting. This is likely the last dot plot presided over by Powell, reflecting Fed officials' predictions on interest rates.
Don't expect a rate cut at this FOMC meeting. The dot plot is unlikely to bring positive news, especially given concerns about CPI amid rising oil prices.
The dot plot will be released on March 18 ( (March 19 at night Beijing time )).
Second, NVIDIA's GTC annual technology conference. The conference has already begun, and US stocks haven't opened yet. Nasdaq 100 futures gapped up higher, then declined slightly.
As the conference progresses, some market expectations and sentiment regarding AI technology have already been priced in. It remains uncertain whether US stocks will turn bearish.
Conference dates: March 16-19 ( (March 17-20 Beijing time )). $BTC