According to the source, the Crypto Fear and Greed Index is at a neutral reading ahead of the FOMC decision, indicating balanced risk appetite by design; source: the source; Alternative.me. Option markets typically see implied volatility build into Fed decisions and expand on the announcement, making short-dated BTC and ETH straddles a common event-driven strategy; source: Deribit Insights. Rate guidance that moves US Treasury yields and the US Dollar Index DXY often steers BTC’s direction via macro correlation, so monitor the FOMC statement, dot plot, and press conference for cues; source: Federal Reserve; Kaiko. To manage risk, traders commonly reduce leverage pre-event and map liquidation clusters and open interest levels to prepare for post-FOMC breakouts on BTC and ETH perpetuals; source: Glassnode; Binance Research.