The Fed's FOMC meeting is here again, and this time the market is expected to be quite interesting.

CME's data shows that the probability of a 50 basis point rate cut has soared to 89.4%, and basically everyone is waiting for this boot to land. The question is, what does the interest rate cut mean for the crypto market? Looking back at history, Bitcoin has indeed performed strongly when liquidity is loose, rising by more than 800% in the last round of interest rate cuts and 886% during the zero interest rate policy in 2020.

But this time there are many variables. Inflation data has not yet fully stabilized, the job market is changing subtly, and with the US election approaching, institutional reactions to easing may not be as direct as before. In the 72 hours before and after the meeting, the fluctuations of mainstream currencies will definitely be significant, and the long-short game in the futures market will be very intense.

Interestingly, the people on Wall Street have begun to lay out in advance, and long-term players are also stabilizing their chips. But will the old law of "buy rumors, sell when the news lands" still come true?

If it really drops by 50 basis points, will you choose to increase your position in Bitcoin and Ethereum, or will you fight for the flexibility of altcoins? The time window for this wave of operations will not be too long.