If Jerome Powell (Fed Chair) signals a moderate or dovish stance at Jackson Hole, the altcoin market, which has recently experienced a 2-3 day selloff, will rebound sharply with significant upward squeezes.
"what I can say is after a selloff on 2 or 3 days on some of these altcoins, the slightest hint of a moderate tone from Jerome Pal or even a doubbish sprinkle is going to bounce this altcoin market pretty hard and we're going to see some squeezes to the upside."