[Bitpush] The crypto market fear and greed index has collapsed again, now dropping directly to the 10 position. This data indicates that market sentiment has entered an extreme fear zone, with investors' risk-averse sentiment obviously heating up. Historically, when the index reaches such a low level, it is often accompanied by concentrated selling pressure.

On November 24, the CME's Fed watch tool updated its latest data.
In the December interest rate meeting, the market has bet that the probability of a 25 basis point rate cut has reached 69.4%, while the likelihood of maintaining the status quo is only 30.6%—it seems that another cut before the end of the year is almost a foregone conclusion.
Extending the timeline to January next year, the situation becomes delicate. The probability of a cumulative rate cut of 25 basis points is 56.9%, the probability of holding steady rises to 20.8%, and a more aggressive rate cut of 50 basis points also has a 22.3% chance.
The subtle changes in interest rate cut expectations often directly affect the liquidity of risk assets. For the crypto market, these numbers are worth keeping an eye on.

The attack on JPMorgan was triggered by the new MSCI regulations, which require companies holding more than 50% digital assets to be excluded from major indices. JPMorgan warned that this could lead to a $2.8 billion capital outflow, and the voices of opposition within the community are escalating, with many beginning to withdraw their investments and boycott, fearing this will lead to volatility in the crypto market. The game between TradFi and the crypto community has just begun.