Rate cuts are imminent: will the tug-of-war between bulls and bears be a one-sided crush or a mutual contest?

The US Federal Reserve Committee is scheduled to hold a monetary policy meeting on the 9th and 10th and announce its rate decision. The market generally believes that the probability of another Fed rate cut is high.
Market participants stated that due to recent weakness in US employment data, the Fed is very likely to cut rates by 25 basis points this month, and current international financial market trends have already reflected expectations of a Fed rate cut.
On October 29, the Fed announced it would lower the target range for the federal funds rate by 25 basis points to between 3.75% and 4.00%. This is the second consecutive 25 basis point rate cut since September 17, and the fifth rate cut since September 2024.
Minutes from the October monetary policy meeting released not long ago showed that the Fed Open Market Committee approved the 25 basis point rate cut resolution by a vote of 10 in favor and 2 against. Among the dissenters, one member voted for a 50 basis point cut, while the other voted to leave rates unchanged. $BTC $ETH