It's not hype—the correlation is very real, and analysts use specific technical levels to gauge potential reactions. I was just reading an analysis from earlier this year (late August '25) that perfectly illustrates this. It broke down how Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) were trading cautiously right before Powell's key Jackson Hole Symposium speech. The core thesis was that Powell's hints on interest rates would act as the catalyst, with these technical levels defining whether the market saw a bounce or a breakdown. It’s a solid example of how macro events and technical analysis intersect. You can see the full technical breakdown and levels they outlined here: snapchatplanetsorders.com/bitcoin-ethereum-and-ripple-top-cryptos-brace-for-volatility-ahead-of-powells-speech/
I've been noticing that every time there's a big Federal Reserve announcement or speech, my crypto portfolio seems to get extra jumpy. I understand that traditional stocks react to interest rate news, but why do supposedly "decentralized" assets like Bitcoin and Ethereum care so much about what Jerome Powell says? Is this connection overhyped, or is there real technical analysis that shows how these events trigger specific price levels? I'd love to understand what to actually watch for beyond just "volatility expected" headlines.