比特跃马

Trump: The next Federal Reserve chair to be announced will advocate for significant interest rate cuts

Tom Lee: Ethereum has hit bottom, so BitMine is actively buying

Tom Lee, co-founder of Fundstrat and chairman of BitMine, stated in an interview: "BitMine believes that Ethereum has hit bottom, and compared to two weeks ago, we have increased our Ethereum purchases by more than double."

Additionally, according to Decrypt, Tom Lee expressed excitement about the future prospects of Ethereum over the next 10 to 15 years, especially as Wall Street has embraced the Ethereum network and its role in future finance.

He stated: "The reason for excitement about Ethereum is that Wall Street has chosen to use this blockchain to lay out the future. It started with stablecoins, and for Wall Street, this is a significant 'aha' moment... but that was just tokenizing the dollar. Now Wall Street wants to tokenize everything, and they are not going to build on Bitcoin—they need a smart contract platform."

The company has recently significantly increased its Ethereum positions, purchasing over 138,452 ETH last week, valued at approximately $460 million at current prices. This is the largest transaction since BitMine bought over 200,000 ETH in October. As of Wednesday, the company holds approximately 3,864,000 ETH, accounting for about 3.2% of the circulating supply of Ether.

Tonight, the Federal Reserve's last interest rate meeting of the year will take place, announcing the interest rate decision at 3:00 AM (UTC+8) on Thursday, followed by a monetary policy press conference by Fed Chair Powell at 3:30 AM (UTC+8). According to CME FedWatch, the probability of a 25 basis point rate cut is 87.6%, making a rate cut tonight almost a certainty. However, the biggest focus of the Federal Reserve this week is not about the rate cut, but rather how the 'politicization' among Fed officials and the question of 'whether to inject new liquidity into the market' will reshape the direction of monetary policy in 2026.

The market is paying attention to whether the Federal Reserve will release 'balance sheet expansion signals' after the interest rate decision. After quietly halting balance sheet reduction, how the Federal Reserve manages its massive balance sheet and whether it will inject new liquidity into the market are key questions. The global interest rate strategy team at Bank of America stated last Friday that they expect the Fed to announce this week a plan to purchase Treasury bills with maturities of one year or less at a pace of $45 billion per month starting in January, as part of 'reserve management operations.'

This week's Federal Reserve meeting is also expected to be one of the most controversial in recent years, resembling a 'political stress test.' The divisions among policymakers regarding the prospects for rate cuts will reshape the monetary policy landscape in the U.S. for 2026. Among the 12 voting members of the Federal Open Market Committee (FOMC), 5 expressed opposition or skepticism toward further easing of monetary policy, while 3 members of the board favored a rate cut, further reinforcing the narrative in the market that the Federal Reserve is becoming increasingly politicized. Since 2019, the Fed's policy committee has never seen three or more dissenting votes in a single meeting, a situation that has only occurred nine times since 1990.

CZ: The four-year Bitcoin cycle may have failed, or we may be迎来 a 'super cycle'

Grayscale: The Bitcoin market structure no longer follows the "four-year cycle"; the current Bitcoin market is more dominated by institutional capital rather than the retail speculation that dominated past cycles.

On December 9, Cointelegraph reported that Grayscale stated that the Bitcoin pricing model driven by halving, a pattern that shaped Bitcoin's early history, is losing its influence. As more Bitcoins enter circulation, the relative impact of each halving is diminishing, and the Bitcoin market structure no longer follows the "four-year cycle."

Grayscale pointed out that the current Bitcoin market is more dominated by institutional capital, rather than the retail speculation that dominated past cycles. Unlike the explosive rises seen in 2013 and 2017, the recent surge in Bitcoin is more controlled. Grayscale believes that the subsequent 30% correction resembles a typical bull market correction.

Interest rate expectations, bipartisan efforts in the U.S. to promote cryptocurrency regulation, and the trend of Bitcoin integrating into institutional portfolios are increasingly shaping market trends.

Tom Lee buys another 150 million dollars worth of Ethereum

The first day of December! The waterfall market is washing faces 🤧🤧

Everything comes from a "tip-off": Federal Reserve Chairman Powell will announce his resignation at an emergency meeting at 7 PM Eastern Time on Monday. This has triggered a surge in risk-averse sentiment in the market.

It has been confirmed that Federal Reserve Chairman Powell will indeed speak at a memorial event this Tuesday at 9:00 (Beijing time), although the specific topic of his speech has not yet been disclosed. Notably, Trump stated this morning that he will soon announce the next nominee for Federal Reserve Chairman.

Currently, the frontrunner for Federal Reserve Chairman is Kevin Hassett, Director of the White House Council of Economic Advisers.

Musk's prediction: The future of energy will be hard currency, and Bitcoin is formed based on energy.

Latest News: 🇺🇸 The Federal Reserve's possibility of cutting interest rates at the next FOMC meeting on December 10 is 87%.

Bullish 🐂

The price of Bitcoin has surpassed $90,000, driven by market expectations of a Federal Reserve rate cut in December.

MicroStrategy's new bullet has arrived, mortgage BTC!

Following earlier this month, Japan's MicroStrategy Metaplanet has once again used part of its BTC holdings as collateral to secure a new cash credit line.

Including this loan amount, a total of $230 million has been borrowed for the purpose of buying BTC in the market subsequently.

Mortgage BTC, obtain cash, and then buy BTC again.
The next round for MicroStrategy is starting to turn.

Binance futures will convert the MONUSDT perpetual contract pre-trading to the standard MONUSDT U-based perpetual contract on November 24, 2025, at 23:00 (UTC+8). The transition period may last up to 3 hours. The duration of the transition depends on price volatility and the stability of the index price. During the transition period, trading functionality will not be affected, and unfilled orders and positions will not be canceled.

📶The Federal Reserve is about to enter a quiet period, with institutions maintaining their expectation for a rate cut in December.

New York Fed President Williams hinted at further rate cuts in December.
Market expectations for a rate cut have reversed.
Currently, the market believes there is a 70% probability that the Federal Reserve will cut rates in December.

The Federal Reserve will enter a quiet period starting on November 29.
Before the quiet period, Powell will not have any public speeches or media interviews scheduled, and his "close ally" Williams' remarks

may be the last statements from a Federal Reserve official to influence market expectations.

CITIC continues its previous viewpoint, expecting that December may be a "close call" for a rate cut
of 25bps. For the market, the reversal of rate cut expectations combined with the "28 points"
plan advancing and news that the Trump administration is considering exporting H200 chips to China

will mean macro factors are no longer a source of pressure for the market in the short term,
and the market may focus more on issues like AI companies issuing bonds and cryptocurrency trends.

The giant whales are quietly buying in as the price of Bitcoin drops.

🇺🇸After the Federal Reserve officials made dovish comments, the possibility of a rate cut in December surged from 30% to 71% in just one day.

What does the surge in the Federal Reserve's rate cut probability in December mean? Insights from historical trends

① The rate cut expectation jumped from 30% to 65%, indicating that market consensus is shifting from 'wait-and-see' to 'certainty of easing,' and the liquidity turning point may have arrived earlier than expected.

② This rapid shift in expectations is often triggered by key macro signals: weakening employment data, declining core inflation, or a dovish shift in the language of Federal Reserve officials.

③ Historically, when the first rate cut expectation breaks 50%, bond yields typically decline in advance, and technology stocks and gold average an increase of over 15% within three months.

④ If the U.S. dollar index weakens and liquidity indicators improve at this time, it means that risk assets are entering the early stage of the 'liquidity replenishment period.'

⑤ In short: a doubling of rate cut expectations is not the result, but a signal of market transition, indicating that 'capital is repricing the future.'

Some historical cases for reference:

May 2019: Rate cut expectations rose from 40% to 70%, Nasdaq +12% three months later.

February 2020: Rate cut expectations soared, U.S. Treasury yields hit a new low for the phase, gold +18%.

October 2023: First rate cut bets broke 50%, BTC subsequently +40% over the next three months.

💥Breaking News:

🇺🇸 1-Year Inflation Expectations👇

Actual Value 4.5%
- Forecast 4.7%

Inflation expectations are expected to cool down, which is a positive for the market.

🚨Breaking News:

🇺🇸The Federal Reserve still believes there is room for interest rate cuts in the near term.

Optimistic about cryptocurrency!

Tom Lee and his analysts: Ethereum is still in its early stages and believes its super cycle is approaching.

Currently, it is a rare once-in-a-thousand-years opportunity to buy the dip, whether it's BTC, ETH, or SOL.

Still optimistic about the market during this period before the end of the year. $BTC $ETH