Many people in the market now believe that interest rate cuts are good news, and BTC will be cut in half in the future. I always think that these people are missing out. At the end of July 2019, the Fed cut interest rates for the first time, and the price of Bitcoin turned downward and was close to being cut in half. The main reason was that the realization of good news was bad news (it had experienced a 6-month increase of 3,000 to 14,000 before the interest rate cut). Before the Fed cut interest rates in September 2024, it had experienced a 6-month decline and wash. It is unlikely that the interest rate cut will accelerate the halving. The interest rate cut opportunity has a higher probability of bottoming out and reversal. The two interest rate cuts have different backgrounds, and the results are naturally different.