At 3 a.m. tomorrow, the US Federal Reserve will hold a rate meeting. The market currently predicts that the probability of a 25 basis point rate cut is close to 100%, which should be no surprise!

Although the Fed's monetary policy may be affected by the US election, both unemployment and inflation currently support rate cuts

If the rate cut continues as expected, it will be good for BTC. In addition, with the current market sentiment, it is likely to continue to rise

Focus on Powell's speech. In addition, there is no dot plot tonight, and there will be a dot plot in December.