Everyone is watching this meeting — the expectation is a 25 basis point cut, but who knows if there will suddenly be a larger cut or even no cut at all?

The logic is pretty straightforward: a rate cut means more funds flowing into the market, and the cost of USD financing decreases. When these two factors combine, asset prices naturally go up.

More importantly, the Federal Reserve has officially stopped QT, and BTC has directly broken through 89,000. This needs explanation — QT is quantitative tightening, simply put, the central bank is pulling money back, tightening market liquidity, which makes assets easier to decline. Now that QT has paused, it’s like stopping the water flow, and the pressure on stocks and cryptocurrencies immediately eases.

But don’t misunderstand — ending QT doesn’t mean the immediate start of QE(quantitative easing). QE is a reverse operation, flooding the market with money to make assets soar. Usually, after QT stops, QE will start after some time, but the exact timing depends on economic data — whether inflation can be contained and whether employment remains stable.

Want to know the answer? Keep an eye on the December 9-10 meeting; all clues will be revealed there.