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The probability of the Fed cutting interest rates in December has soared to 87.4%! Is this wave of expectations about to be "nailed down"?



CME Fed Watch latest data: The probability of a 25 basis point rate cut in December has surged to 87.4%, with only a 12.6% chance of maintaining the current rate; the probability of a cumulative 50 basis point rate cut in January next year is also 23.2%.

This expectation is basically "set in stone" - the certainty of liquidity easing is becoming increasingly high, which is a clear benefit for the crypto market. But now there's a contradiction: on one hand, there is a strong expectation of interest rate cuts, and on the other hand, whales continue to deposit large amounts of Bitcoin into exchanges, leading to selling pressure. The short-term market is likely to be "supported by good news but with significant volatility."

Next, we will see whether the market will first digest the positive news and make a surge before the December meeting, or whether it will be suppressed by selling pressure and grind at the bottom. Do you think Bitcoin can hold steady at the resistance level before this wave of expectations is fulfilled? #比特币行情观察 #加密市场观察 #今日你看涨还是看跌?
ETH-8.13%
BTC-6.73%
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