[Blockchain News]#Bitcoin#MarketAnalysis

CryptoQuant reports that Bitcoin prices rose nearly 8% after the Federal Reserve cut interest rates by 50 basis points! 📈The "profitable supply" indicator broke through the 365-day moving average, suggesting further gains in the future. More and more holders are in a profitable state, which may reduce selling pressure and boost market confidence.

However, Bitfinex analysts remind everyone to be cautious: spot market purchases have slowed down, and there may be consolidation or pullbacks in the short term. What do you think? Feel free to share your views in the comments section!