Today, the Federal Reserve's policy is in place, and the cryptocurrency market is soaring with high enthusiasm. Bitcoin has been rising throughout the process, driven primarily by the expectation of zero interest rate hikes and increased liquidity, leading to a full-blown bullish momentum.

Before 3 AM, Hasset hinted that the Federal Reserve could lower interest rates by more than 50 basis points, causing Bitcoin to quickly rise from 92000 to above 93000, with clear bullish signals. Subsequently, the Federal Reserve lowered interest rates by 25 basis points as expected (the news had already been digested), and after Bitcoin peaked at 93000, it corrected to 92000, fluctuating with slight bullish stability; simultaneously, it was officially announced that 40 billion government bonds would be purchased over 30 days, with officials supporting a 50 basis point rate cut, and the probability of pausing rate cuts in January next year has risen to 78%, continuously boosting market confidence.

At 3:30 AM, Powell's press conference hit the key point, clearly stating that 'no one considers interest rate hikes as a basic expectation,' completely dispelling concerns about rate hikes. Although there are mentions of labor cooling and inflation rising, the essence of ending rate hikes is a major positive signal. Coupled with the fermenting expectations of future rate cuts, Bitcoin directly surged above 94000. After the evening U.S. stock market opened, the cryptocurrency price retraced to support at 917 and rebounded, aligning with the bullish strategy from noon. After probing 93600, it continued to rise, with the bullish trend dominating throughout.

Subsequently, Trump is likely to criticize the insufficient rate cut, pressuring the Federal Reserve to increase easing, potentially further boosting the risk appetite in the cryptocurrency market. Currently, the Federal Reserve's easing policy is taking effect, with the dual benefits of liquidity and zero interest rate hikes providing strong support, making the bullish trend in the cryptocurrency market robust, with ample upward momentum ahead.