🚀 Brief Analysis:
Several factors support the "Santa Rally" in the crypto market.
🟧 Federal Liquidity: The Fed has officially ended the QT program after 3 years, injecting $13.5 billion into banks, while the odds of a rate cut in December reached 90%.
🟧 Institutional Recognition: Asset management giant "Vanguard" (with $11 trillion in assets) has opened its platform for trading Bitcoin exchange-traded funds.
🟧 Regulation and Tax Relief: Japan is lowering crypto taxes from 55% to 20%, while the U.S. is preparing to launch the "GENIUS Act" regulations. Strategy has also overcome selling fears after establishing a dollar reserve of $1.44 billion.
🟧 Remaining Risk: The only risk is the Bank of Japan's (BOJ) decision on interest rate hikes (which could cause a temporary drop followed by a strong reversal), but macroeconomic indicators strongly support achieving the "Santa Rally".
