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Don't remind me again today

DaoResearcher

2025-11-30 22:30:38

At the end of the year, the crypto market is a bit strange. The total market capitalization is $3.09 trillion, and the stablecoin scale has risen to $306.1 billion. Although the funds have not withdrawn, the fear and greed index is only 27. Bitcoin has fallen 0.78% in the past 7 days, and these mainstream tokens like SOL have dropped over 2%, with a large number of the top 200 projects in the red. Money is circulating in the market, but people are hesitant to take action. What are they afraid of?

What I'm afraid of is "expectations being fulfilled are bearish." The president of the New York Federal Reserve made a dovish statement, and the probability of a rate cut in December jumped to 82.8%. After the dollar weakened, Bitcoin ETFs saw a single-day inflow of 70.5 million USD, and Ethereum ETFs were even stronger with a net inflow of 312 million USD. However, there is still internal conflict within the Federal Reserve about whether to cut rates on December 10th or not. Until this matter is settled, no one dares to go all in. BTC is locked in a range between 85,000 and 95,000 USD, while ETH is also fluctuating between 2,800 and 3,300 USD.

Another variable is even more intense – the Fusaka upgrade of Ethereum on December 3rd. After the launch of PeerDAS technology, Layer 2 transaction fees can be reduced by 40% to 60%, with a theoretical throughput aimed at 100,000 transactions per second. Bitmine is frantically hoarding ETH, and ETF funds are positioning themselves in advance; these institutions are clearly betting on the explosive market after the upgrade. Even if Upbit's theft drags SOL down, with this round of expansion for Ethereum, the narrative can at least hold for a while.

The current situation is that two forces are pulling: interest rate cut expectations are providing a foundation for liquidity, while technological upgrades are adding imagination. However, market sentiment is still in a hesitant period. The prudent are building positions in batches during panic, while the aggressive are doing high-selling and low-buying within the range. Even "Cathie Wood" has started to bottom fish in crypto concept stocks; you know the instincts of institutions.

So can this resonance in December succeed? Will the interest rate cut result in "good news fully priced in"? Can the Ethereum upgrade break the oscillation pattern? What do you think?

BTC6.13%

ETH8.46%

SOL10.14%

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airdrop_huntress

· 21h ago

Interest rate cuts haven't even landed yet, and people are already speculating on expectations. It's so typical; after December 10, it will probably be reshuffled again. What’s there to be afraid of? Just waiting for institutions to take the lead. After all, the interest rate cut will be realized sooner or later. If ETH's upgrade can really cut costs by 60%, then the story can still be told for a while. Funds are just sitting in the market, waiting to see who dares to be the first to take the plunge. I prefer to enter a position gradually and steadily. Forget about going all in; trading within the trading range for day trading is much better. It’s most comfortable to follow the institutions when they buy the dip. This wave of volatility before the upgrade is normal. Cathie Wood is already building a position, so what’s there to hesitate about? If this wave can really pick up by the end of the year, it will be interesting.

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ConfusedWhale

· 12-02 01:00

The money hasn't moved, the index is only 27, this is just waiting for that knife on December 10. --- Regarding the ETH upgrade, institutions have already been lying in ambush, they definitely won't let us all make money. --- What’s there to be entangled about, anyway, we’re all grinding within the trading range, just wait for the signal. --- Interest rate cuts are interest rate cuts, but when it lands, it really is Unfavourable Information; the most annoying thing in this circle is this point. --- I feel relieved that Cathie Wood is buying the dip; following the institutions is never wrong. --- PeerDAS can cut 40% of the fees, this narrative can at least be hyped for a while, I’ll stock up a bit first. --- Is that 82.8% probability real? The Fed changes its stance every day. --- SOL being dragged down feels a bit unfair; the ETH upgrade is the main dish. --- What’s there to be afraid of? The moment you go all in, you’ll know who is right and who is wrong. --- Liquidity is foundational, but with the market sentiment being so cautious, how high can the rebound go?

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DegenMcsleepless

· 12-01 07:35

The money hasn't run away, but the index has fallen to 27... this is ridiculous, it feels like everyone is waiting for that knife on December 10th. --- The interest rate cut hasn't landed yet and they're already buying the dip, the institutions are indeed ruthless this time, but what I'm afraid of is the curse of "expectations being fulfilled and then dumping". --- Can ETH upgrades cut fees by 40%-60%? Then Layer2 won't be able to take off, this is real imagination. --- Everyone says Cathie Wood has started buying the dip, what are we retail investors hesitating for... --- After grinding in the trading range for half a day, now it's just a matter of whether the Fed dares to actually cut interest rates on December 10th; otherwise, this rebound is just a false alarm. --- Funds are swirling in the market, and people don't dare to take action. To put it bluntly, it's just betting on the interest rate cut landing, betting on the ETH upgrade, betting on anything, but not daring to put real money down.

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DEXRobinHood

· 11-30 22:56

The money hasn't been withdrawn, but people dare not move; that's the game, whoever enters a position first gets trapped. Interest rate cuts haven't landed yet, but expectations have already been mostly speculated; be careful of the old routine of buying expectations and selling facts. ETH's upgrade this time is indeed impressive, but we need to wait until December when it actually happens to say anything; right now, it’s all just stories. Those standing guard at high positions are all waiting for the Fed's definitive statement, it's better to wait and see. Institutional investors buying the dip means retail investors need to be cautious; the tricks are just this many. I really admire those doing day trading within the trading range; even with market movements that can't shake out a few points, they still have the mood. These two forces are in conflict; which side will win still depends on the Fed's attitude; the technical aspect really isn't that important. With Cathie Wood buying the dip, I feel relieved; at least it proves that a bottom signal has appeared.

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MergeConflict

· 11-30 22:49

The money is just lying in stablecoins, which shows that everyone is feeling uncertain. We still have to wait for the interest rate cut on the 10th, can't rush it. --- Honestly, I don't know how long this narrative of the Fuskaka upgrade can hold, but the 60% reduction in fees is indeed tempting. --- If Cathie Wood is already buying the dip, what are you still hesitating about? Whether you can keep up is another question. --- The trading range of 85,000 to 95,000 has been grinding for so long, it feels like it will either gap up or remain stuck, the gambler's mindset is kicking in again. --- Institutions have already been lying in ambush, while we retail investors are still hesitating. That's just the way the game is. --- The fear index is only at 27, isn't that clearly a bottom signal? What are you still afraid of? Just accumulate in batches. --- I've seen too many cases where interest rate cuts led to dumping, it feels like this wave might just be digging a pit, and then we'll have to cut losses again. --- If this ETH upgrade can really cut fees by half, won't Arbitrum and Optimism have to worry too?

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OnChainSleuth

· 11-30 22:48

Interest rate cut expectations are a double-edged sword. They rise when expected, but once realized, they end up dumping. I've seen this many times before. The real opportunity lies in this upgrade for Ethereum. Once peerDAS stabilizes, those Layer 2 kings can finally catch their breath. Funds are all waiting for December 10th. These few days are just a period of torment; I will continue to accumulate. BTC grinding in the trading range like this is really annoying, but from the data, it seems institutions haven’t pulled out, indicating that the bottom is still quite stable. Has Cathie Wood entered the market? Then I need to consider whether I am being too cautious... If interest rates are "fully out", that would be funny, but I’m already used to this kind of back and forth. Let’s see if Ethereum can perform in December; otherwise, it’s all just false fire.

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GateUser-1a2ed0b9

· 11-30 22:42

The funds haven't run away, but people are scared, that's the most absolute --- Wait, if the interest rate cuts really land, shouldn't we smash it? --- Ethereum's upgrade this time really has some substance, cutting fees in half, who can withstand that? --- Why do I feel like we're betting on the Fed's next move, everyone is holding back --- Institutions are already lying in ambush, while retail investors are still tangled up, the old routine --- The trading range volatility is just harvesting, I will still wait for clear signals before acting --- Only after December 10th will we know exactly how much it weighs --- Cathie Wood has already stepped in, indicating that the bottom signal is indeed a bit strong --- Can ETH really process a hundred thousand transactions per second after the upgrade? That's a bit exaggerated, but the imagination is indeed abundant.

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