Bitcoin and most altcoins could remain volatile in the short-term due to the Fed’s decision, warranting caution from traders.

BTC and altcoins are holding at their current support levels, but this week’s comments from the Federal Reserve could be a determining factor in short-term price action.

Bitcoin’s inability to hold above $40,000 has traders now targeting extreme lows in the $25,000 zone, a move that would be absolutely deadly for most altcoins.

BTC and select altcoins could be gearing up for an oversold move, but traders beware, it's likely to be a dead cat bounce.