According to the latest data from the Chicago Mercantile Exchange, the market's probability expectation for a Federal Reserve rate cut in December has reached 89.6%. Behind this number is a reflection of investors' consensus on the recent direction of monetary policy.

In just 2 days, the Federal Reserve will hold its Federal Open Market Committee meeting. The decisions made then may directly impact the short-term direction of the entire crypto asset market. Mainstream coins such as $BTC, $ETH, and $SOL have always been sensitive to macroeconomic policy changes.

The key question is whether this round of strengthened rate cut expectations is a positive or a negative. The market is still digesting this.