The Federal Reserve is hawkish, and a rate cut of 25 basis points is expected in December, but the guidance for next year indicates only 2 cuts, far below the market expectation of 4.

Bitcoin follows the sharp decline of U.S. stocks, and altcoins plunge. Historically, gold often emerges around Christmas time in Europe and the U.S.

The market saw nearly 700 million in liquidations within 24 hours. The market's speculative games driven by contracts will eventually undergo repeated cleansing; old Powell's speech is just a catalyst. Every year before Christmas, there tends to be a wave of correction. It seems this correction has come a bit earlier this time. After the adjustment, will the real market trend start?

What we need to do is hold onto valuable coins, bravely seek value coins with every dip, and tightly grasp them without being shaken out. Remember, every dip now is for a better rise in the future; choosing the right targets is paramount!

Two major principles for choosing coins:

The strong remain strong (solid fundamentals, mainstream coins, valuable coins)

What goes to extremes will turn (falling has reached its limit, high cost-performance ratio)

The total balance of Bitcoin across major global exchanges has dropped from 2.72 million at the beginning of the year to 2.24 million, with a significant decline in the last two months. Currently, the remaining balance in exchange wallets accounts for only 11.3% of the circulating total of 19.8 million coins. Cherish the chips you hold! $BTC $SOL #美联储放鹰 #加密市场回调