The Federal Reserve's third rate cut of this cycle has ended

Cut by 25 basis points from 4% to 3.75%

But just like last time, it's very quiet...
A small rally to bounce back, then continue to decline and adjust...

The market generally expects two rate cuts next year, in March and June
From now until the end of the first quarter of next year, what fundamental events could attract enough strong multi-party buying?

I, indeed, haven't seen any...
Or maybe wait until the second quarter of next year when Chairman Powell steps down?
But after the tug-of-war, can there be an executor aligned with Trump's wishes?
However, at least it's worth looking forward to, and appropriate hype could be involved...

So, I am actually pessimistic about the market in the next quarter...
Pessimism doesn’t necessarily mean a big drop, but rather entering a more boring, more disordered low-volatility, no-profit oscillation market than the previous quarter.
After the lively hype and narratives, it will return to "value."

Currently, Bitcoin's price has recovered most of what it lost since early April half a year ago.
Next, it depends on the situation of the Federal Reserve's "independence" with the change of leadership.
If Trump-related factions win, I am optimistic about staying above 70,000, entering a large-scale rebound.
But if independence is maintained, there’s also the possibility of further decline and deeper correction.

But at that time, it will be the best opportunity for long-term spot buying!
#BTC