Last night, Powell's FOMC statement: ① The Federal Reserve announced a 25 basis point interest rate cut. ② The Federal Reserve reiterated its consideration of additional adjustments to the target range for the federal funds rate in terms of both magnitude and timing. ③ The Federal Reserve stated it will begin purchasing Treasury securities starting December 12, with plans to purchase $40 billion over the next 30 days. ④ The Federal Reserve's dot plot forecast indicates one 25 basis point rate cut in both 2026 and 2027. However, there are still differing opinions, with 7 officials estimating no cuts and four expecting two cuts of 25 basis points.

Last night, U.S. stocks temporarily reversed, but the cryptocurrency market surprisingly fell. Did the good news lose its impact? In fact, the Federal Reserve is still leaning dovishly overall; its speeches have turned managing the situation into an art form. With a leadership change in May, it's unlikely there will be a cut on the 26th. As long as U.S. stocks rise, the cryptocurrency market cannot fall! #美联储降息 $ETH