According to previous patterns, Bitcoin will rise first, and then it will be Ethereum's turn. It seems that this bull market is still following this routine. When Bitcoin is trading sideways at a high level, Ethereum may drive a wave of rebound in altcoins. Currently, Bitcoin's market share also shows signs of retracement.

Just yesterday, the Federal Reserve held a monetary policy meeting, and as we expected, the Fed announced a 25 basis point rate cut in their November meeting. At this point, the U.S. elections do not seem to have any impact on the Fed's monetary policy. If there are changes, they may not become apparent until December. Personally, I feel that the impact in December will not be significant, and it mainly depends on some economic data, such as inflation, unemployment rate, and whether Japan will raise interest rates.

Although Powell did not reveal the future direction of monetary policy in his subsequent speech, he clearly stated that he would not resign at Trump's request, as the law does not allow the president to fire or demote senior officials of the Federal Reserve. This indicates that Powell is likely to complete his term. #Solana涨势分析 #大盘的下一步？ #BTC创历史新高 #美联储利率决议来袭