At three o'clock in the morning, the much-anticipated CPI interest rate meeting is about to begin. According to current predictive data, as high as 97.1% of people lean towards a 25BP rate cut in this meeting, reducing the rate from the current 4.75% to 4.5%.

This round of rate cuts is considered good news for the cryptocurrency market.

However, the current market seems to have already priced in this positive factor in advance.

Furthermore, given that some forecasts predict a pause in rate cuts in January, the market may also react to this prediction in advance. However, the final outcome is still uncertain and will depend on the actual announcement.

From the market performance perspective, apart from Bitcoin continuously reaching new highs, only a few popular coins have seen capital inflow driving the prices up, while most altcoins remain sluggish, making trading quite difficult.

Everyone is hoping for a turnaround, but it's unclear when this situation will change. The price of Bitcoin continues to rise under the stimulus of good news, breaking through key resistance levels. #USUAL现货开盘预测 #BTC持续刷新高点