Interest rate cuts came as expected, but U.S. stocks fell instead of rising, which is a negative reaction to the realization of positive news;

There will still be 40 billion in government bonds in the future, but the main purpose is to maintain the stability of bank reserves. Overall, there is no positive news in the near term, as all the benefits of the rate cuts have been released. Bitcoin fell from 1.26 million to 92,000, and Ethereum dropped from 4,900 to 3,300, with Bitcoin down 26% and Ethereum down 32%. Many people say it's a pullback and will break previous highs again. I think having your own opinion is good!

From now until the New Year, it might just be a boring period. Since it's a bear market cycle, with the main trend unchanged, to pave the way for a bigger drop and allow smart money to accumulate positions more effectively, I think negative news will gradually be released in the absence of positive catalysts.

On another note, I saw a blogger analyze a future liquidity gap of 400 billion, with the goal of injecting funds. I didn’t verify the impact of previous liquidity levels on the crypto market. But I’m a cycle believer—just go with the flow.