Adjustments are difficult to change the final upward trend. Bitcoin has rebounded more than 1,600 points in the day after exceeding 103,700, while Ethereum has also rebounded 70 points after surpassing 3,820!

When the overall trend hasn't changed, and the pullback is sufficient, it's time for us to take action. The bull market is still long, so don't rush for results; the market always goes up and down. Execution is tough, but often the more difficult aspect is patience.

At 3 a.m. on the upcoming Thursday, the Federal Reserve will announce its interest rate decision. The market generally expects almost a 100% probability of a 25 basis point rate cut.

Regarding this early morning's interest rate decision, there are two key points to watch:

First is the pace of rate cuts next year as presented in the dot plot. Looking back at the September dot plot, there was an expectation of four rate cuts in 2025, but Bloomberg statistics currently show that the market generally expects three rate cuts next year. If the dot plot indicates still three rate cuts, it should be a positive signal for the market; conversely, if it shows fewer than three, it might raise market concerns.

The second is the attitude expressed by Powell at the press conference. Whether he sends a strong signal for the next pause in rate cuts or, as usual, engages in Tai Chi by presenting both sides of the argument will ultimately depend on data performance. If it's the former, the market will surely be impacted; if it's the latter, the market may choose to wait and see, looking forward to the December inflation and employment data to be released in January for further judgment.