Today, the cryptocurrency market is experiencing a widespread decline, primarily driven by investors' cautious attitude towards the Federal Reserve's monetary policy meeting. The core focus of this meeting has shifted, no longer limited to the simple expectation of a 25 basis point rate cut, but rather concentrating on the specific presentation of the dot plot and the details of Powell's speech.
From the perspective of market expectations, the Federal Reserve is likely to implement only 2 to 4 rate cuts in 2025, which will keep interest rates at a relatively high level during that period. A higher interest rate environment is like a ticking time bomb, often significantly increasing the probability of black swan events, while also causing market concerns about the delayed implementation of easing policies. Under this dual pressure, investors' risk awareness naturally increases, leading to the current decline in the cryptocurrency market.
Moreover, the suspense surrounding whether the Bank of Japan will raise interest rates in December will also be resolved today. Although the probability of a rate hike seems relatively low based on the current situation, given the market's high sensitivity akin to a startled bird, it is undoubtedly a cautious and reasonable strategy for investors to choose moderate risk aversion. It is particularly noteworthy that these two key events today are very likely to have a subtle and complex linkage effect with next week's Christmas, much like throwing multiple stones into a calm lake, bringing more unpredictability and volatility to the market.
Recently, Dahua has been particularly optimistic about Musk's puppies, which have been continuously gaining popularity, and according to reliable sources, there will soon be a series of significant actions. If you are a loyal fan of Musk, it might be worth paying more attention, as you could catch some unique opportunities and surprises.
