http://Greeks.Live Daily English Community Briefing ===== Release date: June 19, 2025 Overall market sentiment ===== After Powell's FOMC announcement, the group showed a bearish short-term outlook, with traders further down through their July put options layout, while maintaining a positive delta for the fourth quarter. The focus remains on the formation of a bottom of $105000 and the Middle East tensions as the main market driving factors. The general consensus is that Trump's upcoming changes to the Federal Reserve will not bring about an immediate interest rate cut. FOMC impact and geopolitical risk strategy ===== Traders hold negative delta for July positions and plan to increase positive delta for the fourth quarter. It is expected that the current bearish trend will end near the bottom of $105000 The escalation of the situation in the Middle East is seen as a major market driving factor in recent times, with some people taking long put options before the possibility of US intervention and tensions with Iran Powell's term ending on May 26th means that Trump cannot receive immediate relief from interest rate cuts, leading to expectations that the current unchanged interest rates will last longer than initially hoped by the market