Tonight, the Federal Reserve will hold its last interest rate decision of the year!

The market generally expects a 25 basis point rate cut, and the overall direction feels like a done deal. Although the November CPI data exceeded expectations, the overall trend of slowing inflation remains unchanged, and pressure in the labor market is also on the rise.

The rate cut feels basically secure, but the focus should still be on Powell's post-meeting statements:

If he hints at continuing rate cuts in 2025, the market sentiment will surely be boosted, and BTC and ETH may have the opportunity for a new round of surges! However, in the short term, it still looks like it will continue to oscillate at high levels 😵

Time to relax and watch the drama; it feels like the term 'VC' has now become a super derogatory term. It gives off the vibe of a vicious second female lead being overshadowed by the first female lead, losing her luck and heading down a path of darkness and despair. The copywriting from all the big shots is at a book-publishing level; I'm different, though. I can only say this wave is really average! Just! So! So!啊！#加密用户突破1800万 #PENGU开盘 #BTC再创新高 #加密市场盘整 #币安Alpha项目公布