Traders are positioning ahead of the Federal Reserve's 2pm rate decision, a key macro event expected to shape future direction across risk assets. Crypto prices have dropped as investors weigh rising inflation pressures against fading expectations for rate cuts in 2026. However, liquidity is returning rapidly, with billions of dollars flowing into exchanges. The Fed's decision is expected to set the tone for global markets, with investors closely monitoring both the rate call and forward guidance from Fed Chair Jerome Powell. Recent inflation data has raised concerns that inflation may not be cooling as quickly as policymakers had hoped, particularly amid rising energy prices and geopolitical tensions. Binance recorded a $2.2 billion inflow in Tether (USDT), marking the largest single-day stablecoin deposit since November 2025, indicating large players are preparing to deploy capital.