At 3 AM tonight, the CPI interest rate meeting will take place. According to predictions, currently 97.1% believe there will be a 25 basis point rate cut, with the current interest rate at 4.75%, reducing to 4.5%.

This rate cut is a positive factor for the crypto market, but everyone has already traded on this positive news in advance and predicts that the rate cuts may pause in January, so they might also be trading in advance based on January's predicted results. Of course, the actual results have not been released yet, and we should rely on the actual outcomes.

In the market, aside from Bitcoin continuously reaching new highs, only a few popular cryptocurrencies have seen capital intervention to drive prices up, while most altcoins are struggling to survive, which is very difficult to navigate. It's uncertain when this situation will improve.