BTC testing the key level of $88,000, could the Fed's interest rate cut expectations be a catalyst for recovery?

The Bitcoin market has recently shown signs of recovery, with prices gradually rising from last week's low of below $82,000, currently hovering around $87,500. This rebound is mainly driven by the market's renewed expectations that the Fed may lower interest rates in December. Although there was a pullback after encountering resistance at the $88,000 level, overall sentiment has improved compared to earlier.

Looking at this round of market trends, with altcoins failing and the market becoming fragmented, one can observe that the so-called cyclical confusion is more about the increase in driving forces. The market structure has changed, participants have changed, and the way emotions are spread has also changed. This also means that the past method of simply watching the timetable to bet on bull or bear markets to easily make money may have become outdated. #Gate广场圣诞送温暖